Ramon De Jesus
Update on Ramon De JesusRamón wants to buy shoes and sandals, for which he requests a loan that will allow him to buy merchandise and a variety of shoes for adults and children, sandals and flip-flops for the season. He believes that the previous loan helped him buy more shoes for sale, so far the activity has improved, his family is stable, he has made a few betterments to the house and continues to have his aspiration to have his own store.
El considera que el préstamo que ocupo anteriormente le ayudo a comprarse más pares de zapatos para la venta, hasta el momento su movimiento ha mejorado, en su familia se han mantenido estables, adquirido algunos mejoras para la vivienda, y sigue con su aspiración de tener un local propio.
Previous Loan DetailsRamon lives with his mother and three nephews. He has a business selling shoes for men and children. He started this business through his friends, who led him to this type of work. He already has 3 years of experience with the business. He is requesting a loan, because he thinks that he nee... More from Ramon 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
430View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Oct 23, 2012
- Nov 19, 2012
- Currency Exchange Loss:
- May 17, 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.