Reina De Jesus
Update on Reina De JesusReina is determined to continue working selling seafood and to do so she feels it’s necessary to make a new purchase of fresh product: shrimp, a slice of shark and fish of various species. This loan will give her the economic solvency to make periodic purchases.
She managed to make a good investment with her previous loan. She obtained a positive result with respect to sales and profits. Her family has maintained itself in stable conditions and she’s succeeded in meeting her most urgent needs and to buy assets for the home.
Con el préstamo anterior logró realizar una buena inversión, tuvo un efecto positivo en cuanto a las ventas y ganancias, en su familia se han mantenido estables las condiciones, ha logrado satisfacer las necesidades más urgentes y realizar la compra de los bienes del hogar.
Previous Loan DetailsReina sells seafood and lives with her husband. Her children live independently. She has been in business for 16 years and learned her trade from relatives. To date it has been a source of income for her to help her husband cover household expenses. She is requesting a loan to buy seafood:… More from Reina 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