Update on Lilian JeannetteLilian is seeking another loan to buy shorts, jeans, blouses, and underwear in new styles to maintain the level of satisfaction of her customers. She sees the addition of these items as a way to grow her business. Her inventory will increase and she will have more stock available for her customers.
Lilian says she has had a positive experience, income has increased, and she has improved her business. Currently she has no problems with either her family or her business.
Ella manifiesta haber tenido una experiencia positiva, de la que aumentaron sus ganancias y ha mejorado el negocio, hasta el momento no ha enfrentado ningún inconveniente en su familia al igual que en el negocio.
Previous Loan DetailsLilian lives with her two children, aged 6 and 8. She is a single mother who works selling clothing and cosmetics. She has had her business for approximately eight years. It came about on her own initiative, owing to her need to have a source of income for her children. She works from 8 a.m. to… More from Lilian Jeannette'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
- Repayment Term
- 13 months (Additional Information)
- Repayment Schedule
- May 29, 2012
- Jun 18, 2012
- Currency Exchange Loss:
- Feb 16, 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.