Update on Ana DaysiAna needs to invest in her business, so she is requesting a loan so that she can buy chicken, oil, condiments, and seasoning cubes. The loan will give her the capacity to sell more fried chicken on a daily basis.
Ana says that her previous loan enabled her to make a large purchase, which has helped to increase her earnings to date. Her children are continuing their studies. Ana is grateful for this support, which has helped her to improve financially in life and to strengthen her business.
Manifiesta que el préstamo anterior le permitió realizar una buena compra, de la cual hasta el momento ha incrementado sus ganancias, sus hijos han seguido estudiando, esta agradecida por este aporte, que mejora económicamente su vida y fortalece el negocio.
Previous Loan DetailsAna is asking for a new loan, since she is continuing to sell fried chicken and needs to invest in her business. She will buy dressed chicken, oil, condiments, and other ingredients that she needs to make her chicken and maintain its great flavor. This will help her to give continuity to her… More from Ana Daysi'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