Sonia Del Carmen
Update on Sonia Del CarmenSonia has decided to seek a new loan so she can continue improving her milk products business by buying cream, fresh and dried cheeses, cuajada [custard], and other milk products. This will allow her to provide better service to her customers and attain a good level of sales.
With her prior loan, Sonia was able to make a positive impact because she invested well in the business, and she's had more income to meet the demands of her household.
Con el préstamo anterior logró tener un efecto positivo, debido a la buena inversión que ha realizado en el negocio, los ingresos han sido mejor para cubrir la demanda de su hogar.
Previous Loan DetailsSonia sells ad dairy products. She lives with her 2 children aged 15 and 12. She has been in the dairy products business for the last 2 years as with the sales she has managed to survive and take care of her children. She is asking for a loan to buy cheese, curd cheese, cottage cheese and cream to… More from Sonia 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