Update on Carolina SilveriaCarolina is 29 years old, married, and works as a weaver. "Elaboration of Typical Skirts for Women" has a workshop with two looms. She lives with her husband and they do the same type of work. They have two employees who also do the same work. Carolina has been making skirts for 11 years.
She is requesting a loan that she will use to increase her capital for producing fabric and to invest a bit in her store. She is going to buy thread and products for the store in general. She hopes to increase her production and sales. She is also hoping that she will be able to move her family ahead and achieve better living conditions.
Solicita un préstamo que utilizara para ampliar su capital de producción de tejido e invertir un poco en la tienda que tiene, va a comprar hilos y productos para tienda en general, espera aumentar su producción y ventas, esperando también poder sacar adelante a su familia, y que tengan mejores condiciones de vida.
Previous Loan DetailsMrs. Carolina G. is 25 years old, married and a weaver. "Elaboración de Cortes Típicos para Mujeres" has a workshop with 2 looms. She lives with her husband and both are weavers and they have two employees. They have been making "Cortes" for 7 years at their home located in the Village Chotacaj, of… More from Carolina Silveria's previous loan »
About Asociación ASDIRASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.
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