Update on Adriana AuxiliadoraAdriana, a native of Granada, works as a merchant. She shares her point of view regarding her experience with her previous Kiva loan, which she used to buy ingredients to make her dishes. The ability to acquire and offer a greater variety of products is what allowed her to increase her income. The loan opened the doors so that her business could experience growth, and she was able to acquire new customers. She is very grateful for the help provided. Her demand has grown, and she needs more raw materials for her work. For this reason, she is requesting this loan to invest in the purchase of meat, chicken, cooking oil, rice, green bananas and drinks, all of the ingredients she needs to make her food. Her goal has always been to have her own kiosk to sell food.
Previous Loan DetailsAdriana, 53, is a merchant selling food and refreshments in Granada which is where she’s from. She has three children who are 20, 18 and 13 years old respectively and all are studying. She started her business when she stopped working as a domestic employee and seeing that the situation was… More from Adriana Auxiliadora'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