Update on Ana DaisyAna wants to improve the quality of her business, so she decided to request another loan. She will buy two sets of tables so that she can serve the customers who come to her "pupuseria" (a restaurant that serves "pupusas"). In addition, she will purchase oil, corn, condiments, and other needed supplies for cooking. This will improve her sales and increase the variety that she offers in her business.
With her previous loans, Ana has increased her potential and has gained more satisfied customers.
Ella mejoro las ventas y la variedad dentro del negocio, con el apoyo de los préstamos anteriores, aumentando su potencial y más clientes satisfechos.
Previous Loan DetailsDoña Ana is 55 years old and lives with her husband and mother in the Department of Usulután. Her children have already established their own households. Ana sells food and pupusas from a business that she has managed for 15 years. The income she receives from her sales is used to cover her ex... More from Ana Daisy'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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