Update on Karina ElizabethKarina has decided to request a new loan to strengthen her business. She will buy clothing for children and adults such as blouses, skirts, and undergarments. This new purchase will help improve the availability of her inventory so that she can keep her customers satisfied. She changed the focus of her business since she previously sold fruits and vegetables.
Karina believes that her work with the loans will result in a better condition for her as a merchant, as well as maintain the inventory of her business and generate more sales.
Ella considera que este trabajo con préstamos, le ha generado una mejor condición en su actividad de comerciante, manteniendo surtido el negocio y generando más ventas.
Previous Loan DetailsKarina lives in Jiquilisco, in Usulután department. She is 34 years old and sells fruit and vegetables. Karina lives with her two children and her husband. Her husband is a livestock farmer and he helps her cover their household expenses. Karina has been in her fruit and veg business for 13 y... More from Karina Elizabeth'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