Zoila De Jesus
Update on Zoila De JesusZoila is requesting a new loan in order to strengthen the business of selling lotions, cosmetics, and merchandise for the store. She will get things like rice, flour, cooking oil, and other merchandise that is needed in order to have it available at the business. Her intention is to satisfy her customers.
She says that the previous loan allowed her to improve the business by making a good investment. With the loan her sales and her family income have also increased.
Manifiesta que el préstamo anterior le permitió mejorar el negocio, realizando una buena inversión, con la que también ha mejorado sus ventas y sus ingresos familiares.
Previous Loan DetailsZoila resides in San Miguel. She sells cosmetics and clothing. Zoila is married and has a son who is 24 years old. She has been developing her business for the past ten years. Zoila works from 7am to 4pm. As of this date, she has not experienced any problems with her business.
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