Update on Juana EvangelistaJuana continues to look for a way of getting on in life and keeping her business going. This is why she decided to ask for more capital to buy oil, salt, seasoning, flour, pork rind, fresh cheese, vegetables, drinks, sheeting, wire, nails and wood. This will give her everything she needs for making pupusas (traditional dish made of corn tortilla) and snacks, and for the approaching rainy season she plans to build a small place to make her customers much more comfortable.
Her family now has a more comfortable lifestyle. She has been able to keep her business going with the help of the loans.
El estilo de vida que su familia tiene actualmente es más confortable, ha logrado mantener su negocio en el mercado con la ayuda de los financiamientos.
Previous Loan DetailsJuana is in need of a new loan because she needs more capital so that she can keep investing in her work. This will allow her to purchase corn, spices, the preparations for the creation of pupusas (traditional dish made of corn tortilla), and a chair with seats for her clients. This will help her… More from Juana Evangelista'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 El Salvador
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This loan has been fully funded!
- Repayment Term
- 17 months (Additional Information)
- Repayment Schedule
- May 9, 2014
- May 27, 2014
- Currency Exchange Loss:
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.