Update on Daysi RomeliaDaysi continues to manage her tailoring business. She is currently producing school uniforms, so she needs another loan to buy sewing materials such as thread, fabric, buttons, zippers, safety pins, needles, sponges to use as pin cushions, and other supplies. Most of the loan will be spent on fabrics since she must buy different types and colors so that she can offer a complete service to her customers.
Daysi says that her previous loans were a great help. With the earnings generated from her business, she was able to buy a sewing machine and maintain her production. As a result, she has been able to support her family and maintain her household.
Manifiesta que los créditos anteriores le han ayudado mucho, ya que con las ganancias del negocio compro una máquina y ha mantenido la produccion. La familia se mantiene y la situación del hogar se mantiene igual.
Previous Loan DetailsDaysi is 42 years old. She lives in San Francisco Gotera, departament of Morazán. She lives with her eight children and the house where she lives belongs to one of her daughters. Daysi sews and sells hammocks. She does her sewing in the house and she was able to get work from the government making… More from Daysi Romelia'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