Update on Maritza ElizabethMaritza is requesting a loan to invest in her business. She plans to buy vitamins and products that cleanse the body. These products come from natural sources.
Maritza says that her previous loan resulted in greater sales and an increase in her inventory. Her financial conditions improved as a result of her previous loan. The reason why she is requesting another loan is that she wants these improvements to continue.
Manifiesta que el crédito anterior tuvo resultados que le ayudo a mejorar sus ventas e incrementar sus inventarios, sus condiciones económicas han mejorado con relación al crédito anterior el motivo de solicitar otro préstamo es para mantenerse en mejora continua.
Previous Loan DetailsMaritza's business is selling natural medicines and basic grains. She lives with her husband and her two children, one of whom is in school. Maritza has been in her business for five years. She learned it from her parents. She also sells basic grains. Through her work, she has managed to help… More from Maritza Elizabeth'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