Update on Roxana MarisolRoxana wants to make another investment in her business, so she is requesting a loan in order to acquire a variety of seafood. She plans to buy various types of fish, shrimp, fillets, and other products that will please the tastes of her customers. By improving her business, she will be able to generate more income.
Roxana says that the capacity of her business has increased. With the investments she has made, her profits have increased as a result.
Ella considera que la capacidad a aumentado en el negocio debido a las inversiones que ha realizado también ha aumentado sus ganancias.
Previous Loan DetailsRoxana lives with her husband and two children. She sells seafood in the the town market. She started doing this work three years ago. She sells every day, including Saturday and Sunday. She will use the loan to buy more merchandise (crab, fish, and shrimp) in order to improve her sales, have… More from Roxana Marisol'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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