Jeannette Del Carmen
Update on Jeannette Del CarmenJeannette is requesting a new loan to invest in the business. She will buy ingredients to prepare food for the Christmas season. She will mostly buy chicken and condiments since she breads it and sells it. She considers that these loans have made it possible for her to increase profits and strengthened the business; she’s been able to continue working and her family’s economic conditions have improved.
Ella considera que estos préstamos le han permitido incrementar las ganancias y fortalecido el negocio, con esto se ha mantenido trabajando, en su familia sus condiciones económicas han mejorado.
Previous Loan DetailsJeannette is requesting a new loan, because she wants to keep her business at the market going. She will buy herself chickens, so that she can prepare them to sell. She will also buy the ingredients such as oil and condiments, which are necessary to keep her business running smoothly. With the... More from Jeannette Del Carmen'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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