Reina De Jesus
Update on Reina De JesusReina is in need of a new loan so that she can continue to invest in seafood for resale. She will use the proceeds to purchase white as well as red varieties of fish, curbina, mackerel, shrimp, shark steaks and other items.
Her previous loan was very helpful, since it enabled her to acquire a variety of seafood. Her financial situation and her family circumstances have improved.
El crédito anterior fue de mucha ayuda, ya que le permitió adquirir variedad de mariscos. Las condiciones económicas y las circunstancias familiares han mejorado.
Previous Loan DetailsReina is determined to continue working selling seafood and to do so she feels it’s necessary to make a new purchase of fresh product: shrimp, a slice of shark and fish of various species. This loan will give her the economic solvency to make periodic purchases. She managed to make a good inv... More from Reina 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.
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Success!! The loan was 100% repaid