Update on Ana VilmaAna is requesting a new loan because she needs to buy milk for her dairy business. She is making more products every day. Ana is grateful that the loans have helped to increase her sales and her production of cheese, curds, and cream.
This new loan will strengthen her business so that she can continue without disrupting the rhythm of growth she has attained thus far. The conditions for her family are much better, as well as her experience with this business.
Este nuevo préstamo le fortalecerá el negocio dándole continuidad para que no baje el ritmo de crecimiento que lleva hasta el momento, su condición familiar es mucho mejor, así como su experiencia en el negocio.
Previous Loan DetailsDoña Ana makes a living selling milk products. She is 61 years old and lives with her family -- a son and grandchildren. She lives in Concepción Batres in the Department of Usulután. Her business is established and she can count on a good number of customers. Today she is taking out a loan to... More from Ana Vilma'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