Update on Juana ElizabethJuana is seeking another loan to purchase a variety of seafood and products from catalogs such as: talcs, creams, cosmetics, lotions, etc., to continue offering fresh, quality products to her customers. This will allow her to strengthen her business day by day. With the help of her previous loan, she was able to acquire the necessary products to improve her sales and her earnings. Juana continues to work hard to reach her dream of building her own home.
Con la ayuda del crédito anterior tuvo a su disposición los productos necesarios para mejorar sus ventas, tener buenas ganancias, Juana continua trabajando duro para lograr construir su propia casa.
Previous Loan DetailsJuana requires a new loan because she needs more working capital to continue with the sale of personal use products and seafood and thus obtain better earnings. This investment will help her to buy powders, deodorants, lotions, creams, and also fish, shrimp and other items. Juana says that the... More from Juana Elizabeth'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