Update on Juliana IsabelJuliana was born in Leon. She is very grateful for the help received through the Kiva loan, since she used it to buy materials and supplies to make improvements to her business. Her business needed these changes to make it more attractive. She started this business in her home and has been developing it little by little.
She is requesting this second loan to buy corn and firewood, as well as a bicycle to transport her tortillas while still hot to her customers' homes. This is because she wants to increase her sales and thus improve her income, so she can save up for her children's graduation.
Ella esta solicitando este segundo credito para compra de maiz,leña y una bicicleta para transportar sus tortillas calientitas y a domicilio.Pues desea aumentar el numero de ventas para mejorar sus ingresosy ahorrar par la graduacion de sus hijos.
Previous Loan DetailsJuliana, 61, is a single mother of three children. She’s a merchant. She makes tortillas to sell. She’s originally from León. She’s been in this business for 17 years. Her schooling is basic; she only completed second grade. She started the business thanks to a close relative who helped her… More from Juliana 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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Success!! The loan was 100% repaid