Update on CeciliaCecilia is requesting a new loan to be able to buy firewood and corn, items she needs to continue preparing and selling tortillas. She says that it is thanks to the loans that she has succeeded in getting a permanent source of income to provide for her family’s necessities.
Her previous loan has helped her making improvements to her house, on top of allowing her to buy corn and firewood to carry on with her activity. She is deeply grateful because she thinks that thanks to this support she can now live in a better house, safer in the winter as it is now protected from any incident caused by heavy rains.
Con el préstamo anterior logró tener la ayuda para el mejoramiento de la vivienda y asimismo la compra de maíz y leña para continuar en el negocio, está muy agradecida pues considera que a través de este aporte cuenta con vivienda en mejor condición más segura en el invierno, protegída de cualquier incidente ocasionado por las lluvias.
Previous Loan DetailsCecilia is a resident of the San Jose colony of the Morazan San Francisco Gotera region. She lives with her 38-year old son who is handicapped. The medicines tha the needs are purchased with her earnings from selling tortillas. She sells tortially two times per day, starting to make them at 7… More from Cecilia'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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