Update on Juana FranciscaJuana is requesting a new loan because she wants to improve her activity by buying maize, firewood, gas and bags to make tortillas; in this way she will be able to acquire what she needs to support her activity.
She says that the previous loans have been of great helped for her because her activity is now stable and she has succeeded in obtaining better results both with her earning and with her customers.
Ella considera que los prestamos anteriores le ayudaron porque el negocio está estable logro tener mejores resultados en sus ganancias y en clientes.
Previous Loan DetailsDoña Juana, 57 years of age, is dedicated to the sale of tortillas. She lives in San Miguel with her husband and their 40 year-old son. This business was started 6 years ago on her own initiative. Her clients are friends and neighbors. Her husband supports her in everything. At this time sh... More from Juana Francisca'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
- 14 months (Additional Information)
- Repayment Schedule
- Dec 23, 2011
- Jan 7, 2012
- Currency Exchange Loss:
- Sep 15, 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.