Update on Jonatan EnriqueJonatán is seeking a new loan as he believes his business needs new stock. He plans to buy more merchandise such as vitamins, tablets, and medicinal products and increase his customer base.
With his previous loan, Jonatán succeeded in improving his business and generating more income.
Con el préstamo anterior logro mejorar la disponibilidad en el negocio, aumentando el inventario y con la oportunidad de generar mejores ingresos.
Previous Loan DetailsJonatán lives with his mother in their own home. He is single and sells medicines. He has learned how to manage his business for the past four years. Jonatán travels to different places to offer his products, but he also sells from home.
He is requesting a loan to buy medicines that ar... More from Jonatan Enrique'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
464View loans »
Success!! The loan was 100% repaid