Update on Blanca CelinaBlanca is seeking a new loan in order to strengthen her business. She wants to continue providing good service to her customers and to do this she should have corn, rice, beans, vegetables, coffee, sugar, bread, soft drinks, and other products that are necessary to meet the demand of her clients in order to provide their preferences.
She said that the previous loan permitted her to increase the inventory too, and this produced increased sales from her customers while maintaining their loyalty. Her strategy is to continue making investments in order not to lose her customers and to be able to continue to generate income for her family.
Ella manifiesta que el préstamo anterior le permitió aumentar también el inventario, esto le produjo mayores ventas con sus clientes manteniendo su fidelidad, su estrategia será mantenerse realizando inversiones para no perder a sus clientes y poder seguir generando ganancias para su familia.
Previous Loan DetailsBlanca, 41 years of age, lives in San Buena Ventura, department of Usulután. Her business is a general store. She lives with her husband and two children ages 18 and 4. They have been tending to the store for the past 9 years every day of the week, as it is located in their own house. She c... More from Blanca Celina'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