Consuelo De Jesus
Update on Consuelo De JesusConsuelo is requesting a loan because she needs to increase her inventory of perfume. Her investment will be precisely for a lot of various perfumes. This loan will be of great help to her so that she can have new merchandise available to offer her customers.
Her previous loan had a positive effect in that she was able to pay for two perfume orders. To date, she’s had a great opportunity to grow in business with new customers. She considers her family economic condition to be stable.
Con el préstamo anterior logró tener un efecto positivo, el cual le sirvió para cancelar dos pedidos de perfumes, hasta el momento ha tenido una gran oportunidad de crecimiento en el negocio con nuevos clientes, su condición económica en la familia considera que se encuentra estable.
Previous Loan DetailsConsuelo lives with her three children in her own house. She sells perfume products, an activity she has been engaged in for 10 years. This is her main source of income, the one she pays for all her expenses with. She is requesting a loan to buy 5 boxes of pre-ordered perfume products such as lo... More from Consuelo 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
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Success!! The loan was 100% repaid
- Repayment Term
- 17 months (Additional Information)
- Repayment Schedule
- Jul 28, 2012
- Aug 30, 2012
- Currency Exchange Loss:
- Mar 21, 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.