Sabina Del Carmen
Update on Sabina Del CarmenSabina is applying for a new loan so that she can keep selling tortillas and vegetables. She reports having received good service with the loan, and this has enabled her to continue working, as in buying tomatoes, chillies, yuca, carrots and corn. These are necessary for her to be able to maintain the two businesses. She hopes this new investment will enable her to expand service to her customers.
She had a positive effect with the previous loan, as she added to her merchandise inventory and was able to offer her customers a greater quantity of vegetables. She improved her business thanks to the Kiva loan, as she received the necessary funds through which she has managed to work, and has multiplied her earnings for her family.
Con préstamo anterior tuvo un efecto positivo ya que aumento del inventario de la mercadería y pudo ofrecer a sus clientes mayor cantidad de verduras, mejoró el negocio gracias al crédito de kiva, pues recibió los fondos necesarios de los cuales ha logrado trabajar y ha multiplicado sus ganancias para su familia.
Previous Loan DetailsSabina sells tortillas and vegetables for a living. She lives with her husband and three children, all of whom are adults. As her source of income, Sabina has her business in the local market. It has been there for 20 years, so she has experience. Currently, she will buy vegetables, such as… More from Sabina Del Carmen'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