Teresa De Jesus
Update on Teresa De JesusTeresa needs a loan again because she will continue to improve her business selling clothing like blouses, skirts, dresses, pants, shirts and add other products like cashews and, in this way, be able to have better income and her sales will improve in this month of December. Previous loans helped her because they permitted her to stock her business and allowed her to change the living conditions of her family.
Los financiamientos anteriores le ayudaron porque le permitió surtir su negocio y le permitió cambiar las condiciones de vida de su familia.
Previous Loan DetailsTeresa lives with her three children. She sells marañón seeds, clothes and cosmetics. She started the business several years ago and works as a street vendor. She has no set schedule and has gained customers with her experience. At present, she needs to invest a loan in clothes and marañón see... More from Teresa De Jesus's previous loan »
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
About El Salvador
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Success!! The loan was 100% repaid
- Repayment Term
- 26 months (Additional Information)
- Repayment Schedule
- Dec 23, 2011
- Jan 7, 2012
- Currency Exchange Loss:
- Nov 16, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.