Update on Tania CarolinaTania is requesting a new loan because she wants to continue investing in her business, buying fresh products like fish, shrimp, and other seafood. Demand is good and she wants to maintain her economic availability to improve her business. She believes that her previous loan helped her to improve the condition of her business. She has increased sales and family income.
Ella considera que el préstamo le ha mejorado su condición en el negocio, que ha logrado aumentar las ventas y los ingresos familiares.
Previous Loan DetailsTania is 36 years old and lives in Puerto el Triunfo, in Usulután department, with her daughters who are 12 and 10. She owns her own home. Tania's business is selling seafood. She started her business 16 years ago and she sells seafood and also vegetables. Tania is currently requesting a loan… More from Tania Carolina'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