Update on Carlos AdolfoCarlos lives in the city of Granada. He sells fruits and vegetables. He is a father. He used his first loan to buy fruits and vegetables to stock his small business. He also sells seasonal products which improves his sales and his income. He wants to continue advancing and growing as a salesperson and he wants to be known as the person that knows the most about fruits and vegetables. He needs a loan so that he can buy fruit and vegetables in bulk. This will enable him to satisfy the demand of his customers.
Previous Loan DetailsCarlos is a young, very active entrepreneur who likes to work and get his family ahead. He is 30 years old, married, and the father of four children. He lives in the city of Granada and works selling vegetables and fruits. The green and yellow products make the best presentation, as he is surr... More from Carlos Adolfo'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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