Update on Gloria BettyGloria is requesting a loan because she needs to buy fruits for her business such as watermelons, mangos, papayas, pineapples, melons, and other items.
Her previous loan enabled her to buy fresh fruit and maintain her business of selling fruit, cassava, and tostadas. These loans have helped her continue gaining more customers by providing what she needs to serve them. Her family has grown since Sra. Gloria now has a baby who is a month old.
El crédito anterior le ayudo a la compra de frutas frescas, ella se mantiene en el negocio de venta de frutas y yuca, tostadas, estos creditos le ayudan a mantener más clientes, con lo necesario para ofrecerles. La familia a crecido ya que la señora Gloria tiene una bebe de un mes de nacida.
Previous Loan DetailsGloria is 39 years old and lives in San Francisco Gotera, Department of Morazán. She lives with her seven children and a niece. Gloria has a business selling fruit and plaintain and yuca tostadas. Her business is located in a downtown neighborhood, which is very close to their place of residen... More from Gloria Betty'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