Maria De La Paz
Update on Maria De La PazMaría is requesting a new loan to buy materials for her business, like corn, wood, paper, and bags which are necessary to run her business. She will also buy a few balconies for the doors in her home. This will help improve her business and the safety of her home.
Her previous loan had a positive effect. She purchased corn, wood, and other products for her small shop in addition to an iron. Her family has maintained the store and the small shop has remained stocked.
Con el préstamo anterior, tuvo un efecto positivo, ya que realizo la compra de maíz, leña y productos para una pequeña tienda,ademas una plancha, en su familia se han mantenido las condiciones estables, en este tiempo ha permanecido surtida la pequeña tienda.
Previous Loan DetailsMaría sells tortillas and manages a shop. She lives with her husband and 2 children. She has had the business for 4 years and with it has managed to contribute towards the household expenses. Cuirrently, she is asking for a loan to buy merchandise for the store such as pasta, snacks, beverages,… More from Maria De La Paz'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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