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Jenny Margarita

Update on Jenny Margarita

Jenny needs to strengthen her business with more working capital. She considers it important to buy a variety of blouses and skirts. She will also buy sandals in a variety of styles for her customers. This will help her continue to offer quality in her merchandise and to diversify her products.

With the previous loan, she was able to have a greater variety of clothing to sell, in addition to sandals. With the earnings she covered some needs for her family. Her children are in school, and today they have a better quality of life.
View original language description ↓
Jenny, necesita fortalecer el negocio con mas capital de trabajo, considerando importante comprar ropa en variedad blusas, faldas, tambien comprara sandalias con variedad de estilos para la clientela, esto le ayudara para seguir ofreciendo calidad en la mercadería y diversificar los productos.
Con el préstamo anterior logro tener más variedad de ropa para la venta, así como sandalias, con las ganancias ha cubierto algunas necesidades en su familia, sus hijos están en sus estudios, hoy en día tienen una mejor condición.

Previous Loan Details

Jenny lives with her family, which consists of her husband and three children (ages 8, 10, and 12). She does not have any relatives living abroad. Jenny sells clothing and shoes. She has been in business for four years. Jenny works every day from 6 A.M. to 4 P.M. As of this date, she has not… More from Jenny Margarita'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
  • 442
    View loans »
    El Salvador Loans Fundraising
  • $22,741,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Jenny Margarita to buy blouses, skirts and sandals to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Jenny Margarita. It was first posted on Kiva on Sep, 2012. Learn More