Update on Reina IsabelReina needs to stock her business with more goods to attract new customers and continue to improve her income, so she has decided on a new loan to buy fizzy drinks, juices, snacks, sweets, bread, rice, beans, soap, oil, toothpaste, condiments and other items.
With the help of the previous loan she stocked her business and has maintained a steady income. Her family is in good health and she has paid off her loan.
Con ayuda del préstamo anterior surtió su negocio, ha mantenido sus ingresos estables, su familia se encuentra saludable y cancelo su deuda.
Previous Loan DetailsReina lives with her husband and three children. She is married and sells tamales and at the same time is an owner of a general store. These businesses came about through her own initiative and with the help and support of her husband, and she has been getting experience in both businesses. S... More from Reina Isabel'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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About El Salvador
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This loan has been fully funded!