Update on Angel MariaDue to a lack of resources, Angel is once again seeking a loan to purchase merchandise. In this instance, she will purchase natural medicines, blouses, underwear and tee shirts for both genders. She considers these purchases necessary to make her business dynamic and offer her customers new styles.
She mentions that her family's living conditions have changed after obtaining loans as they have allowed her to purchase merchandise and sell not just one item but continue to grow the product offering. That's why she has transitioned to the sale of clothes - so that her business sees more volume.
Ella manifiesta que sus condiciones de vida familiares han cambiado después de tener la oportunidad de los préstamos, ya que le han permitido compararse mercadería y salir a vender, no solo depender de una actividad sino ir ingresando al comercio de varias cosas, por eso se ha trasladado hacia la compra de ropa, pues con estos prestamos podra darle un mayor volumen al negocio.
Previous Loan DetailsÁngel engages in selling clothes and in breeding pigs. She lives with her husband, their two children and her brother, and every member of the family has a job. She is an experienced street vendor, and she started this activity many years ago thanks to her brother’s support. She is requesting a… More from Angel Maria'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.
About El Salvador
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Success!! The loan was 100% repaid