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Virginia Jeannette

Update on Virginia Jeannette

Virginia requests a new loan because she needs to keep on investing in her business so she can serve her customers well. This loan will help her to purchase olive oil, flour, corn and propane gas, among other supplies.
The previous loan allowed her to have everything she needed in order to offer a wide variety of products to her customers. That way they feel satisfied. Her financial conditions have improved. Also, her family's situation has been better, since their living conditions are more stable than before.
View original language description ↓
Virginia, solicita un nuevo crédito por la necesidad de seguir invirtiendo más en el negocio y así para atender a los clientes. Este le ayudara a comprar aceite, harina, maíz, gas propano, entre otros productos.
El préstamo anterior le permitió tener todo lo necesario para ofrecerles variedad de mercadería a sus clientes y así ellos se sientan satisfechos. Las condiciones económicas han mejorado y las circunstancias familiares se han optimizado, ya que tienen una mejor estabilidad de vida que antes.

Previous Loan Details

Virginia lives with her husband and three children. She runs a bakery and works together with her family, baking bread. She started this business with the support of her family. They work at home and do not work regular hours. Virginia is requesting a loan to buy flour, sugar, eggs, yeast a... More from Virginia Jeannette'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
  • 548
    View loans »
    El Salvador Loans Fundraising
  • $23,480,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Virginia Jeannette to purchase olive oil, flour, corn and propane gas, among other supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Virginia Jeannette. It was first posted on Kiva on May, 2012. Learn More