Update on EvaEva is customer of the institution, she has been already two cycles. She tells us that she enjoyed very much working with the institution and that is why once again she requested a new loan. Eva lives in a small municipality called Ixtlahuaca, which means "uninhabited land". This is a very nice area with a large plaza where vendors sell clothing, vegetables, fruit, shoes, etc. on Mondays.
Eva is 32 and has been married to Juan Carlos for six years. They have four children, three of whom have not yet started school. Eva has four salons in Ixtlahuaca. She started her business because she studied styling and then started working. She greatly enjoyed tending to her clients, and so she decided to open her own salon. Afterwards, bit by bit, she opened the other salons. The salon which she herself tends to, and where we did the interview, has been open for seven years. During the interview, she told us that the last loan helped her a lot because she was able to buy the supplies to work for awhile without worrying a shortage of supplies.
This time, she is requesting a loan to buy new of dyes and treatments that she is launching. She also wants to buy flat irons and hear dryers and perhaps new furniture.
In her business, she does not see any difficulty by which she has to worry about. She is doing very well. Nevertheless, Eva commented 'I would be very happy to have more products to have more clients, the products many times are very costly. If my clients come to me for treatment, having more products allow me to perform without any difficulty because I have the material available. With my profits, I can improve the quality of life for my children and ensure their educational welfare'.
Previous Loan DetailsDoña Eva lives in a small municipality called Ixtlahuaca, which means "uninhabited land". This is a very nice area with a large plaza where vendors sell clothing, vegetables, fruit, shoes, etc. on Mondays. Eva is 32 and has been married to Juan Carlos for six years. They have four children, three... More from Eva'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