Update on Jacqueline RoxanaJacqueline needs to improve her shop by buying more stock so she can meet her client's requests better. She will buy oil, beans, rice, condiments and pasta among other things which are necessary and in demand from her clients.
She states that her last loan helped her generate more income as a bigger variety of products increases demand. In her family, their economic condition is improving thanks to the sales.
Ella manifiesta que el préstamo anterior le ayudo a generar más ingresos, ya que la variedad de productos aumento la demanda. En su familia las condiciones económicas esta mejorando gracias a las ventas.
Previous Loan DetailsJacquelin has decided on a loan to continue working in her grocery store. On this occasion she will continue buying those products that have the highest customer demand like oil, sugar, sweets, cookies and others that she needs. This loan will give her the security of being able to continue… More from Jacqueline Roxana'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
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Success!! The loan was 100% repaid