Ana Teresa De Jesus
Update on Ana Teresa De JesusAna has decided to request a new loan because she wants to invest more into her business, to have a better selection of products. She will use the loan to buy eggs, rice, cheese, cooking oil, sodas, juices and snacks as well as other things. This will allow her to improve the service she provides to her customers.
She told us that the previous loan allowed her to offer a variety of products in her store, to offer new products and to satisfy the demand of her customers. It also resulted in the quality of life improving for her family.
Comenta que con el préstamo anterior le ha permitido tener un negocio surtido, tener nuevos productos y satisfacer la demanda de los clientes, en su familia manifiesta que viven en mejor condición.
Previous Loan DetailsAna needs to purchase more products to stock her business with rice, oil, sugar, eggs and cheese, which will allow her to improve and grow her inventory. She knows that with the previous loan she received, the condition of her business has changed for the better, becoming more profitable and giv... More from Ana Teresa 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.
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Success!! The loan was 100% repaid