Hilda Del Carmen
Update on Hilda Del CarmenHilda will use the new loan to improve her store in terms of inventory and as an investment towards farming corn. Hilda will buy rice, sugar, oil, and agricultural supplies.
Her previous loan helped her to improve the sales capacity of her business by providing a wide variety of products that keeps her customers satisfied.
Considera que el préstamo anterior le ayudo a mejorar la capacidad de las ventas en el negocio, manteniendo más productos variados para la satisfacción del cliente.
Previous Loan DetailsHilda, 34, lives in Puerto Triunfo, Usulután Department with her two children who are 15 and 11 years of age. She’s had the business for 8 years and is open every day; her children help her take care of customers. She is asking for a loan to buy merchandise and seafood. This purchase will help… More from Hilda Del Carmen'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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