Update on Doris AzucenaDoris has decided to request a new loan because of the need to invest in her small café. She also sells clothing, but she will make this investment specifically in bread, soft drinks, cookies, sweets, potatoes, and other items that are necessary to attend to her customers' demands. The effect that her previous loan had was that it improved the condition of her clothing business. She now has new support through her clothing sales, her income is higher, and her family is stable.
El efecto que tuvo con el préstamo anterior es que ha mejorado su condición en el negocio de ropa, contando un nuevo aporte a través de la venta de ropa, sus ingresos son mejores y su familia se encuentra estable.
Previous Loan DetailsDoris lives in Osicala, a department of Morazan; she is married and lives at her parent's home. Doris is 21 years old and has been selling clothes for a year, operating from 8AM to 4PM going door-to-door at nearby locations. She is soliciting a loan needed to purchase clothing, ( pants, stuffe... More from Doris Azucena'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