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Jaqueline De La Paz

Update on Jaqueline De La Paz

Jaqueline has decided to request a new loan because she wants to buy more kitchen materials to make her food and seafood sales. She will buy oil, condiments, vegetables, fish, and shrimp. Her previous loan had a positive effect, and she made good purchases and administered her business well to improve her and her family's economic situation.
View original language description ↓
Jaqueline, se ha decidido por un nuevo préstamo porque quiere comprar más materiales de cocina para realizar su venta de comida y además de mariscos. Ella comprara aceite, condimentos, carnes, vegetales, pescado, camarones.
Ella ha tenido un efecto positivo como el préstamo anterior realizando buenas compras y administrando bien para mejorar la situación económica de ella y su familia.

Previous Loan Details

Jaqueline runs a snack bar in the health clinic. She has her own home, which she inherited from her mother. She lives with her mother, a sister, and her 20-year-old child. Jaqueline's mother decided to open the business eleven years ago. The store is open from 6:00 am to 4:00 pm. Jaqueline is cu... More from Jaqueline De La Paz's previous loan »

Additional Information

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

  • $7,500
    Average annual income
  • 823
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jaqueline De La Paz to buy oil, condiments, meat, vegetables, fish, and shrimp.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 19, 2013
This photo was used before for a previous loan for Jaqueline De La Paz. It was first posted on Kiva on Sep, 2011. Learn More