Update on Digna RosabellDigna is requesting another loan so that she can increase her sales and expand her range of products. She will buy a variety of clothes, bananas, cassava, juices, and other products.
Her previous loan was a great help. She invested in her business by acquiring merchandise, which influenced both her sales and her earnings. Digna has been able to support her family because her business has improved. The income from selling clothes and food products will help defray the cost of building her house.
El crédito anterior le ayudo mucho, ya que hizo las inversiones en el negocio comprandose mercaderia, el cual vino a influir en las ventas y los ingresos. La familia se ha mantenido, el negocio ha mejorado ya que con los ingresos de la venta de ropa y productos comestibles le ayudara ha construir su propia casa.
Previous Loan DetailsDigna sells snacks and drinks. She lives with her children; they go to school and are dependents. She learned the business on her own. She has had the business for three years, and it supports the household necessities. She is requesting a loan to buy ingredients to make food, bananas, oil,… More from Digna Rosabell'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