Update on CelestinaCelestina is a 43 year old woman. She lives with her husband and two children in the community of Nuevo Yapato, located in the district of Tambogrande in the department of Piura, 3 hours from the department of Lambayeque
Celestina sells basic necessity products and beer from her own home. She has regular customers.
The loan she is asking for is for the amount of 3,200 soles. She will use it to invest in buying a freezer and basic necessity products to stock her store. This investment will allow her to keep growing her business.
Celestina se dedica a la venta de productos de primera necesidad; y a la venta de cerveza la cual se ubica en su propio domicilio donde tiene clientela conocida.
El préstamo que solicita es por el monto de 3,200 soles; que será utilizado para invertir en la compra de un congelador; además productos de primera necesidad para surtir su bodega, esta inversión le permitirá seguir creciendo en su negocio.
Previous Loan DetailsCelestina is a 41 year old mother who resides with her husband and three children in the village of Nuevo Yapato in the District of Tambogrande, an agricultural area that is situated in the province and region of Piura. The community is located approximately three and a half hours away by highwa... More from Celestina'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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