Update on Juana PastoraJuana, who is 45 years old, is well known for her profuse creativity. Children love her, not only for her great personality, but also because for the past eleven years she has been making them happy by making and selling custom pinatas. She was able to make many children happy with the loan she previously received from MiCrédito-Kiva, which was put to good use, because she was able to buy the paper and glue that she needed. It allowed her earnings to increase, which in turn enabled her to provide for her family and make some home improvements.
In telling us about her growth and showing us her products, she expressed how grateful she is for her previous loans. At this time Juana needs another loan, which she will invest in purchasing starch, newspaper, crepe paper, glue, and card stock. Having all the materials she needs will allow her to fill all the orders she is getting daily. Her daughter and husband help her with her work, which makes Juana want to continue being the pioneer woman of pinata sales. Her goals include continuing to improve her business and building a new room where she will be able to organize her materials better.
Al contarnos de su crecimiento, mostrando sus productos, expresa lo agradecida que está con sus préstamos anteriores. En estos momentos Juana necesita de otro préstamo, el cual lo invertiría en la compra de almidón, periódico, papel crepe, pega y cartulina, pues con todos los materiales necesarios podrá cumplir con todos los pedidos que a diario llegan. Este trabajo quien es apoyado por su hija y su esposo, es lo que hace de Juana una mujer que quiere seguir siendo la pionera en la venta de piñatas. Entre sus metas está seguir mejorando su negocio, construir un cuarto más donde podrá ordenar mejor sus materiales.
Previous Loan DetailsJuana is originally from the city of Boaco. She is 44, married, and the mother of two children. She is a merchant by trade, making a living making and selling piñatas. She started with a mini grocery store selling chicken and pork. Then she had the initiative to learn to make piñatas. Years ... More from Juana Pastora'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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