Update on AliciaAlicia is a widow and has four children who are all independent adults. She has a small family laundromat, where she works with one of her daughters. She also delivers cleaned and ironed clothes. They have customers from large businesses, which are doing very well.
She tells us that she wants to be able to keep helping her family through her job, so she always puts in all her effort. Her goal is to continue to grow and also to help others by giving them a place to work.
Alicia is requesting this loan to buy soaps, laundry detergent, deodorizers and other supplies to enable her to continue to complete her customers' orders.
Ella nos comenta que desea poder seguir ayudando a su familia por medio de su trabajo, es por ello que se esfuerza siempre al máximo. Su meta es poder seguir creciendo y también poder ayudar a otras personas por medio de fuentes de trabajo.
Alicia solicita el crédito para la compra de jabones, enjuagues para ropas, aromatizantes y demás insumos para poder seguir cumpliendo con los pedidos de sus clientes.
Previous Loan DetailsAlicia is a widow. She has four children who are all adults and independent. She has a small family laundry where she works with one of her daughters. She also delivers the clothes clean and ironed. They have large firms as customers that they charge monthly for their services. Alicia… More from Alicia's previous loan »
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
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
- Repayment Term
- 15 months (Additional Information)
- Repayment Schedule
- May 21, 2012
- Jun 18, 2012
- Currency Exchange Loss:
- Aug 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.