Update on Blanca LidiaBlanca is seeking a new loan to buy blouses, underwear, jeans, and other new merchandise to offer her customers. This will help her obtain additional income and maintain the level of satisfaction of her customers in the various areas in which she works.
With the previous loan Blanca had a good experience as she managed to buy bread at good prices, expand her business, and still fulfill all her household obligations.
Con el préstamo anterior ella tuvo una buena experiencia, ya que logro realizar una buena compra de pan, incremento el negocio y hasta el momento ha podido hacerle frente a sus obligaciones en el hogar.
Previous Loan DetailsBlanca lives with her husband and has three children who are 18, 24 and 25 years old. Her business is selling bars of chocolate which are used for making hot chocolate. She sells her products every day in her neighborhood, from Monday to Saturday. Blanca needs this loan to buy baskets with w... More from Blanca Lidia'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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