Update on Maria AntoniaMaría is asking for a loan to improve the current inventory in her pupusa [stuffed, grilled corn cakes] shop; she will buy necessary supplies like string cheese, fried pork rind, oil, and condiments, soft-drinks that will allow her to increase production and provide better customer care. She managed to stabilize with the previous loan improving sales and having the necessary materials that have resulted in her also improving her economic conditions.
Con el préstamo anterior a logrado estabilizarse mejorando sus ventas y manteniendo los materiales necesarios que le han permitido mejorar también sus condiciones económicas.
Previous Loan DetailsMaría lives with her children. She owns and manages an eatery and pupusa [stuffed corn dough grilled cakes] stand. She has experience since she’s been doing this work for 15 years. She does not have a fixed customer service schedule. She’s asking for a loan to buy raw materials for the… More from Maria Antonia'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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