Update on Juana ElizabethJuana is asking for a new loan. On this occasion it will be used to purchase seafood in order to supply her business. She will make periodic purchases and will purchase fish, shrimp and also will purchase products from magazines in order to maintain her cosmetics business and be able to offer more to her clients. The previous loan that she received had a positive effect, helping her to improve the sales of shrimp. With her earnings she has purchased articles for her home and has paid off the loan, generating greater stability.
El efecto que tuvo con el préstamo anterior fue positivo, ayudándole a mejorar las ventas de camarón, con sus ganancias ha comprado artículos para el hogar y ha pagado las cuotas del préstamo, generándole mayor estabilidad.
Previous Loan DetailsJuana lives with her mother, she has no children and she has been engaged in selling seafood and catalogue cosmetics for 9 years. She helps her mother paying for family expenses with the money she earns from selling her products. She needs to invest the loan in the purchase of fresh seafood that… More from Juana Elizabeth'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