Zoila De Jesus
Update on Zoila De JesusZoila has decided to request another loan to improve her home (install tiles), she will but tiles, cement, sand etc., with the investment that she made previously she has strengthened her business, improved her income and this has helped her to pay off her previous loan.
She can support her family, has improved her home and does what she can so her daughter can continue studying without any limits. Her business continues to do well.
Ella puede apoyar más a su familia, ha mejorado su vivienda y le da lo necesario a su hija para que siga estudiando sin alguna limitante. Su negocio sigue muy activo.
Previous Loan DetailsZoila is requesting a new loan in order to strengthen the business of selling lotions, cosmetics, and merchandise for the store. She will get things like rice, flour, cooking oil, and other merchandise that is needed in order to have it available at the business. Her intention is to satisfy her... More from Zoila 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
About El Salvador
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