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Carmen De Jesus

Update on Carmen De Jesus

Carmen has decided to get another loan to continue working and expanding her business. Her goal is to invest in buying new clothing--shirts, t-shirts, and pants--so she can continue offering her customers a variety of merchandise.

She thinks that with her previous loan she managed to offer a greater range of products, with which she generated more income to cover her family's needs.
View original language description ↓
Carmen, se ha decidido por un nuevo préstamo para seguir trabajando y ampliando su negocio, el objetivo es invertir en la compra de ropa nueva, camisas, camisetas, pantalones, para poder continuar ofreciendo a los clientes variedad de mercadería.

Con su préstamo anterior considera que logró ofrecer una mayor gama de productos, con los que logró generar mejores ganancias para poder solventar las necesidades de su familia.

Previous Loan Details

Carmen sells new clothes. She lives with her husband. She has children that are living independently. Her husband is in the military. She has a clothing sales business. She learned this business because she needed to generate her own income. She is asking for this loan in order to buy new blouses,… More from Carmen De Jesus's previous loan »

Additional Information

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

  • $4,900
    Average annual income
  • 623
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Carmen De Jesus to buy shirts, t-shirts, and pants.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Carmen De Jesus. It was first posted on Kiva on Mar, 2012. Learn More