Edita Del Socorro
Update on Edita Del SocorroEdita is a native of Granada and a seamstress. She says the loan she got has opened a lot of doors for her. She has bought raw materials for work, such as fabric, thread, zippers, lace, and sewing accessories. She had orders to finish and thanks to the help she managed to finish them in a timely and appropriate manner.
During the Christmas season she has a lot of orders for gowns, graduation outfits, and baptism suits. This is when she most needs supplies. This is why she needs this loan to buy fabric, lace, sequins, ribbons, etc.
She's still continuing with her plans to expand and to make her work known in the city of Masaya.
Previous Loan DetailsEdita, age 54, is a very unpretentious and humble seamstress from Granada. She started her business because she wanted to become independent. She wanted to leave her job as a maid and have more time with her children to see them grow. At the same time she wanted to develop herself as a small… More from Edita Del Socorro'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