Carmen De Jesus
Update on Carmen De JesusCarmen is requesting a loan to buy merchandise, because she wants to follow-up an investment that she made with the first loan. This new loan will help her to keep up with the market competition, by acquiring fresh fruit such as apples, grapes, watermelons, strawberries and pears. She believes that through these loans her economic condition has changed, becoming much more stable. She used the previous loan to buy produce.
Ella considera que a través de estos préstamos su condición económica ha cambiado, estando mucho más estable, la inversion anterior la realizo en la verdura.
Previous Loan DetailsCarmen lives with her children who are 25 and 30 years old and provide her with a lot of support. Carmen sells fruit and vegetables and has owned her business for nine years. She serves in it every day of the week. Carmen is requesting a new loan to buy fruit and vegetables. Through this inve... More from Carmen 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
- 14 months (Additional Information)
- Repayment Schedule
- Jan 6, 2012
- Feb 8, 2012
- Currency Exchange Loss:
- Apr 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.