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Reina De Jesus

Update on Reina De Jesus

Reina is in need of a new loan so that she can continue to invest in seafood for resale. She will use the proceeds to purchase white as well as red varieties of fish, curbina, mackerel, shrimp, shark steaks and other items.

Her previous loan was very helpful, since it enabled her to acquire a variety of seafood. Her financial situation and her family circumstances have improved.
View original language description ↓
Reina, se le presenta la necesidad de optar por un nuevo préstamo para seguir invirtiendo en la venta de mariscos; este le servirá para comprar pescado rojo y blanco, curbina, macarela, camarón, lonja de tiburón, entre otros.
El crédito anterior fue de mucha ayuda, ya que le permitió adquirir variedad de mariscos. Las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

Reina is determined to continue working selling seafood and to do so she feels it’s necessary to make a new purchase of fresh product: shrimp, a slice of shark and fish of various species. This loan will give her the economic solvency to make periodic purchases. She managed to make a good inv... More from Reina De Jesus'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
  • 696
    View loans »
    El Salvador Loans Fundraising
  • $25,086,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Reina De Jesus to buy white as well as red varieties of fish, curbina, mackerel, shrimp, shark steaks and other items.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014