Doris Del Carmen
Update on Doris Del CarmenDoris has decided to request another loan because she wants to buy merchandise to offer to her customers, such as jeans, shirts, boxers, and shoes. This will increase her assets and improve her sales.
She considers that with each loan she manages to improve her conditions and, above all, the profits increase. This motivates her to continue working in the best way.
Ella considera que con cada préstamo logra mejorar su condición y sobre todo que las ganancias aumentan, esto le motiva a continuar trabajando de la mejor manera.
Previous Loan DetailsDoris lives with her family. She’s the mother of two children who are 5 and 2 years old. She is a clothes merchant. She sells in towns near the city and works every day from very early on returning home in the afternoon. She needs to buy clothes for the business so is asking for a loan to… More from Doris 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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