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Juana

Update on Juana

Juana needs more working capital to continue investing in her business; this will make it possible for her to buy rice, beans, oil and sugar, among other products. Her previous loan helped her to grow and have the business better stocked. Her economic conditions have improved since her income has increased and her family circumstances have optimized.
View original language description ↓
Juana, se le presenta la necesidad de mas capital de trabajo para seguir invirtiendo en el negocio; este le permitirá comprar arroz, frijol, aceite, azúcar, entre otros productos.
El crédito anterior le ha ayudado a crecer y tener más surtido el negocio; las condiciones económicas han mejorado, ya que los ingresos han aumentado y las circunstancias familiares se han optimizado.

Previous Loan Details

Juana lives with her husband and two children. All of them work in her house. Juana runs a small grocery store, which she started on her own initiative. She runs the store out of her house and does not have a fixed schedule. Juana is requesting a loan to purchase products such as sugar, eggs,... More from Juana'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.

Tags

About El Salvador

  • $7,500
    Average annual income
  • 788
    View loans »
    El Salvador Loans Fundraising
  • $25,672,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Juana para comprar arroz, frijol, aceite, azúcar, entre otros productos.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
Jun 11, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Juana. It was first posted on Kiva on May, 2012. Learn More