Update on Carla PatriciaCarla is a merchant by trade. She lives in the city of León. She is very grateful for having been allowed to have her first loan experience, which was very useful for her life. She was able to buy dairy products and soft drinks to sell. Now her goal is to stock her store more and she is asking for this loan to buy products she lacks such as basic grains, oil, cleaning products and cosmetics. Her idea is to improve and stock her business with more products to give her children a better future.
Previous Loan DetailsCarla is 35 years old, and is married with 2 children aged 7 and 9 years. Both of her children attend elementary school. Carla's first business was raising and selling pigs, an activity that she was involved in for 3 years because her parents were owners of a farm, and she always cared for and… More from Carla Patricia'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