Update on Diana MarbellyDiana is 33 years old and is a native of León. She makes a living selling seafood. She describes her experience with her first Kiva loan, which helped her to purchase a freezer for storing her products. She now has the capacity to store 300 pounds of seafood. She is very grateful for the support she received, which helped her a lot by giving a boost to her business.
Diana needs a second loan so that she can purchase seafood. She hopes that she can satisfy some of her customers’ demand with this loan. She also hopes to continue with her plans to improve her premises and to repair her home.
Ella requiere un segundo crédito para compra al por de mariscos. Pues con esta inversión pretende satisfacer parte de la demanda de sus clientes además de seguir con sus planes de mejorar su local y reparar su hogar.
Previous Loan DetailsDiana, 33, lives in the city of León. She has two children who are 15 and 3 years of age, respectively. She’s a merchant. She sells seafood in a stand located in the market in León’s bus terminal. She started the business through her family because her mother sold seafood. They both worked... More from Diana Marbelly'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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