Update on Jenny MargotJenny is 29 years old and has a live-in partner and four dependent children. She lives in her own house with her spouse and children. The house is located in the village of Casanas in the district of Chulucanas. She lives in the rural part of the district, but she has electricity.
Jenny makes a living raising livestock (goats and pigs), which she sells in the local market when they have reached their ideal weight and size. She has been working in this field for more than 10 years. Her spouse works in agriculture; he has a small piece of land and he also works as a farm laborer. With their combined income, they are able to maintain their home.
Jenny would like to buy balanced feed for her livestock, so she decided to obtain a loan of 900 nuevos soles from Edpyme Alternativa.
La actividad que desarrolla Jenny es la crianza de ganado menor (cabras y cerdos), los cuales al alcanzar peso y tamaño ideal los comercializa en el mercado local. Cuenta con más de 10 años de experiencia en esta actividad. Su cónyuge se dedica a la agricultura, cuenta con un pequeño predio propio y también trabaja como peón. Con los ingresos que perciben ambos, sacan adelante a su hogar.
Jenny desea comprar alimento balanceado para su ganado, es por ello que ha creído conveniente obtener un préstamo de 900 nuevos soles a Edpyme Alternativa.
Previous Loan DetailsJenny, 27, has a spouse and three children; she lives in her own house located in Casana, Chulucanas District, Morropón, Piura, located four hours from the city of Chiclayo, Lambayeque Department’s capital. She raises sheep and pigs which, when they reach an ideal weight, she either sells or… More from Jenny Margot'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
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Sep 20, 2012
- Oct 21, 2012
- Currency Exchange Loss:
- Mar 20, 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.