Update on JuanaJuana is requesting a further loan to purchase a pump for her well, which she needs to make it easier to fetch water. She will also purchase ingredients such as corn for making tamales and other supplies for making food, and in this way improve her financial situation.
The loan that she obtained previously was useful to her because she contributed to the household expenses with her earning and was able to purchase what she needed for her business.
El préstamo que obtuvo antes le sirvió porque contribuyo con sus ganancias a los gastos de la casa y logro comprar lo necesario para su negocio.
Previous Loan DetailsJuana sells food, tamales, pupusas and bread. She lives with her husband and a granddaughter. Juana learned this business many years ago. Her business has grown out of necessity. She sells various products during the week from 6:00 am to 4:00 pm. She will buy merchandise with this loan, such... More from Juana'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
789View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 20 months (Additional Information)
- Repayment Schedule
- Jan 13, 2012
- Feb 9, 2012
- Currency Exchange Loss:
- Apr 19, 2013
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.