Update on Maria AuxiliadoraMaría is a humble country dweller. She resides in the region of La Ceiba, which is located on the outskirts of León. Thanks to her first Kiva loan, she was able to buy animals and raise them in a healthy manner. Eventually she was able to sell the piglets at a good price.
María is very proud of what she has achieved and that she was able to repay her loan on time. This encouraged her to continue improving so that she could have a pig breeding farm and better living conditions.
She is requesting this loan so that she can buy pigs for breeding.
Está solicitando este financiamiento para comprar cerdos reproductores.
Previous Loan DetailsMaría is originally from La Ceiba, a small region situated on the outskirts of Leon. She has two children. She is a merchant, and she makes a living raising pigs. She has worked in this activity for the past five years. She set up this business when she was 25 years old. She learned this business… More from Maria Auxiliadora'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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