Leonor De Jesus
Update on Leonor De JesusLeonor is requesting another loan as a result of the good management of the credit that PADECOMSM has given her. She needs to buy merchandise to restock her store such as rice, beans, oil, and other products.
Leonor says that her previous loan had a great effect. It helped to secure her home since she was able to buy doors and balcony windows. In her business, the earnings she generated helped her family to move forward. She has maintained her standing in the marketplace and has grown in terms of her income and the number of customers.
Expresa que el crédito anterior tuvo un gran efecto, ya que le ayudo a fortalecer su vivienda con la compra de puertas y ventanas de balcon, con su negocio y con las ganancias a logrado sacar adelante a su familia, se ha mantenido en el mercado y ha crecido en términos de ingresos y clientes.
Previous Loan DetailsDoña Leonor, age 48, lives in San Miguel and manages a store where she offers household products. Her family consists of her two children, ages 20 and 24. Leonor started her business thirteen years ago and now she works every day from 5am to 7pm. Her customers incluD. friends and neighbors from… More from Leonor 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.
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Success!! The loan was 100% repaid