Update on Evelyn YazairaEvelyn is working on her business. Currently, she needs to purchase more merchandise which is consumed daily in sales production, such as cheese, meat, oil, tomatoes, peppers, and condiments. These are what will help her make pupusas (stuffed tortillas). She expresses that these loans allow her to keep busy with her work. Currently she is selling pupusas since they are a customer favorite. During this time, she has increased her profits. Even with the household products store, she has better credit today.
Ella manifiesta que estos préstamos le permiten mantenerse ocupada con su trabajo, actualmente está vendiendo pupusas ya que son de mucha preferencia de los clientes, en este periodo ha aumentado sus ingresos, aun sigue con la tienda de productos domesticos, hoy en día tiene una mejor solvencia económica.
Previous Loan DetailsEvelyn, 28, has a six-year-old son; she’s a single mother. She lives with her family and runs a general store where she stocks basic need items. She wants to invest in merchandise for the store so is asking for a loan to buy pasta, condiments, snacks, bread, eggs, oil, sugar and other products… More from Evelyn Yazaira'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