Update on Amalia SaraiAmalia wants to make a new investment buying corn, string cheese, oil and gas to make pupusas [filled, grilled corncakes] to sell. To do so, she’s requesting a loan once again to have the resources needed to make the purchase. She feels that her work in the pupusa shop has improved since her previous loan. She’s stocked the business and she has what’s necessary. Family income has been stable.
Considera que su trabajo en la pupuseria ha mejorado, desde su último préstamo obtenido, ha logrado abastecer el negocio y contar con lo necesario, en su familia, comenta que sus ingresos han sido estables.
Previous Loan DetailsAmalia lives with her parents. She is single and sells pupusas (stuffed tortillas or tortilla rellenas). She began this business with the help of her mother. She works at home and her customers are her neighbors. As of now she has had no problems concerning the business. She is asking for a loan… More from Amalia Sarai'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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