Maria Teresa De Jesus
Update on Maria Teresa De JesusMaría is requesting a loan to invest in her business. She will buy children's clothing, outfits, underwear, toys and umbrellas. She will also buy adults' clothing such as blouses, skirts and other items that she needs for her business.
María says that her previous loan helped her to improve her sales and increase her merchandise. Her customers have maintained their level of demand and this has helped her to make more profits and invest in her family.
Ella manifiesta que decreto anterior le ayudó a mejorar sus ventas e incrementar la mercadería en el negocio sus clientes se ha mantenido en la demanda y esto le ayudaba ella para obtener mejores ganancias e invertirlas en su situación familiar.
Previous Loan DetailsMaría is a small business owner. She is 24, single, and lives with her parents and siblings. She sells clothing, toys, umbrellas, and other merchandise. She has been in business for three years, working Monday to Saturday. She is applying for a loan in order to buy articles of clothing, such as… More from Maria Teresa 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
445View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- May 10, 2012
- Jun 8, 2012
- Currency Exchange Loss:
- Nov 16, 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.