Update on Juan AntonioJuan is requesting a new loan for his business selling medicinal products. His intention is to buy a variety of Omnilife products so that he has a wide range of medicines for different illnesses. This well-known brand has helped him to attract a large number of customers.
Juan's experience with his previous loan was positive. He managed to buy more medicines and was able to gain more customers. He hopes to achieve better sales and better income for his family.
Su experiencia con el credito anterior fue positiva, logrando mayor número de medicamentos y poder abarcar a un mejor número de clientes, él considera tener mejores ventas y de la misma manera mejores ingresos a su familia.
Previous Loan DetailsJuan sells pharmaceutical and food products. He lives with his wife and children. Juan started his business five years ago. Thanks to God, he has not experienced any problems and his business does better every day. Juan is requesting a loan to buy medicines such as antibiotics, vitamins and... More from Juan Antonio'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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