Update on Janeth AmparoJaneth is requesting a new loan because she needs to buy basic ingredients to prepare tortillas, in order to obtain these products at a lower price. She will buy 10 sacks of corn and some loads of firewood, as this will help her producing tortillas for a long time.
The previous loan has helped her improving her tortillas sale, as she has been able to keep at hand all the necessary means to increase her production, and she has succeeded in improving the sale rate to her customers. The conditions of her shop are improving and she is earning a better income to provide for her family.
El préstamo anterior le ayudó a mejorar la venta de las tortillas, ya que tenía a la mano los recursos necesarios para aumentar su producción y poder mejorar las ventas a los clientes, sus condiciones en el negocio están mejorando y está proveyendo mejores ingresos familiares.
Previous Loan DetailsJaneth, 31, lives in San Carlos, Morazán Department with her husband, José, and their children, José Jeremías, 6, and José Irineo, 3. Janeth sells home-made tortillas to her neighbors. She is asking for a loan to buy corn and firewood. These are very necessary supplies because they are the raw… More from Janeth Amparo'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.
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Success!! The loan was 100% repaid