Update on Flor AlejandrinaFlor is asking for a new loan to increase business because her objective is to make periodic investments that will allow her to keep her business well-stocked buying basic grains, beans, rice, oil, toilet paper, pasta, personal hygiene products, among others that are very important.
She has experience with loans; she’s had several with the institution. She’s a client with good payment behavior and with a strong drive for self-improvement. She feels that previous loans have allowed her to increase business, to help her family and to continue making progress.
Ella tiene experiencia con créditos, permitiéndole manejar varios con la institución, es un cliente con buena moral de pago y con muchas ganas de superación, ella considera que los préstamos anteriores le han permitido incrementar el negocio, ayudar a su familia y permanecer prosperando.
Previous Loan DetailsFlor is single and lives with her mother. Her business is selling basic household products and she has been in this business for ten years. She works from 6.00am to 7.00pm. Up to now, she hasn't had any difficulties with her sales. Flor is requesting a loan to buy rice, beans, oil, snacks,… More from Flor Alejandrina'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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