Update on Doris EstelaDoris keeps running her clothes selling activity and she is currently requesting a loan to buy clothes, skirts, blouses and underwear, purchasing different styles and colors to increase her customers’ requests.
Thanks to her previous loan she was able to finish paying for an order of clothes for the past holiday season, during which she increased not only her sales but also the number of her customers.
Con el préstamo anterior ella logro cancelar un pedido de ropa para epoca de las fiestas, con el que creció no solo en venta si no también en clientes.
Previous Loan DetailsDoris lives with her two children. She sells clothes. She started the business a year ago. She’s a street vendor and works every day. The business arose out of the need she faced alongside her children. At present, she requests a loan to buy clothes at wholesale. She wants to get blouses,... More from Doris Estela'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