Mariana De Jesus
Update on Mariana De JesusMariana lives in the city of Granada and works making and selling pastries. She says that her first Kiva loan was very useful and helpful because it arrived when she most needed it and she was able to buy raw materials and molds to make her delicious desserts. She now has a larger clientele and a higher number of requests for her products. She’s very grateful for having been helped to have financial back-up and for opening a door towards her business’ progress.
She needs financing to buy flavoring agents, sugar, oil, flour, butter, eggs and baking powder. For now, her goal is to produce a variety of pastries and continue investing in her business to make it more stable every day.
Ella está requiriendo un financiamiento para comprar saborizantes, azúcar, aceite, harina, mantequillas, huevos, polvo de hornear. Por lo pronto su meta es sacar variedades en repostería, seguir invirtiendo en su negocio y hacerlo estable cada día.
Previous Loan DetailsMariana is from Granada. She is married and the mother of two adult children who are living on their own. She started her business because she needed to generate income to support her family. At the age of 36, she began making pineapple and cheese cakes. After her orders increased, she added… More from Mariana 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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