Update on Jose IlermanJosé has decided to request another loan to invest in the purchase of paper as well as replacement parts for computers and cameras. With the previous loan, he strengthened his business and generated earnings with which he was able to repay the debt that he had acquired; in addition, his clients are more satisfied.
He still has the same immediate family; many of their needs have now been covered. His living conditions are better and his children have fewer educational limitations.
Él tiene el mismo núcleo familiar, muchas de las necesidades que tenían ya fueron cubiertas, tiene mejor condiciones de vida, sus hijos tienen menos limitantes para asistir a la escuela.
Previous Loan DetailsJosé lives with his 2 children who are 7 and 12 years old. He cares for these children alone as they were left in his care. He runs an internet cafe. He also attends to his photography business every dat. He has it in his own place. Its location is adequate, because it is close to the school cent... More from Jose Ilerman'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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Success!! The loan was 100% repaid