Daycis Del Socorro
Update on Daycis Del SocorroDaycis is 37 years old, married, and originally from Estelí. She is a merchant and the mother of three children (ages 4, 12, and 17 respectively). Daycis sells fresh chicken.
She is grateful to Kiva and MiCrédito for the support they have provided. This loan will be a great help because she will be able to invest in her business. In addition, the profit she earns will enable her to increase her sales.
On this occasion, she needs a loan so that she can buy whole chickens, breasts, and giblets in order to increase her sales volume. During the Christmas season, there is greater demand. Her future plans include maintaining an active business so that she can support her family.
Previous Loan DetailsDeycis is from Estelí. She is very grateful for the help she received through the other Kiva loan. She invested it in her chicken selling, a business that has gone very well for her. Her sales improved when she invested more. She made improvements on her house, and gained more customers. This… More from Daycis 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