Update on RosauraRosaura is from Granada and she is unmarried. She is a merchant by trade and makes baptism and communion outfits for children. Dress-making is one of the activities most engaged in by women in Grenada. Rosaura has worked with the help of credit granted by our institution and this is her second Kiva loan. She used the first loan to purchase fabric, thread, needles, and all the supplies she needed to make her garments. She feels the loan was a great help because it enabled her to invest more in her business and increase her sales. Now, she is requesting a similar loan to purchase fabric, thread, lace, and needles to make dresses for Mother’s Day. Her sister helps her with the business and Rosaura creates her designs according to each season. Varying her designs helps her maintain her customers and, consequently, her profits. Her future plans include continuing to work and, with the support of the loans, to invest in a second business selling cosmetics and to strive for a workshop with semi-industrial sewing machines.
Previous Loan DetailsDoña Rosaura, a native of the city of Granada, is 52 years old and single. She is a seamstress, and has been since she was very young. She makes girls' dresses, baptism robes, first-communion gowns, and different designs of children's clothing. She shares a workshop with her sister, located in he... More from Rosaura'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