María Del Carmen
Update on María Del CarmenMaría is currently requesting a loan in order to buy tomatoes, cabbages, onions, strawberries, grapes, apples, and bananas. This investment will help increase the available inventory in her business so that she can offer her customers fresh fruits and vegetables.
María’s previous loan was quite helpful since it allowed her to buy good products and maintain a stable business. By making sound investments, she has good financial solvency and is able to keep growing each day.
Lo que motivo a María es que el prestamo anterior le ayudo bastante, para comprar buenos productos, manteniendo un negocio estable, realizando buenas inversiones, para tener una mejor solvencia económica y poder cada día ir creciendo.
Previous Loan DetailsDoña María del Carmen sells fruits and vegetables. She is 50 years old and lives with her husband Lucio. They don't need to support their children, because these have formed their own families. Doña María acquired her business skills 30 years ago when she helped her parents in their business. Sin... More from María Del Carmen'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