Update on InesInés has decided to request a new loan so that she can stock her business for the Christmas season. She wants to buy boquitas, rice, beans, cooking oil, eggs, cheese, and new clothing. She expects this to give her means to meet her customers’ demands.
The previous loan had a positive effect on Inés, allowing her to improve her store and add more products. She believes that her sales are better because of it and she is able to support her family. They have not had any problems. She has added clothing sales to her business.
Con el préstamo anterior, Inés tuvo un efecto positivo, mejoro el local de la tienda, agrego más productos, con ello considera que sus ventas han sido mejor, en su familia se mantiene el número de miembros, no han enfrentado ningún problema, ha agregado al negocio un rubro más y es la venta de ropa nueva.
Previous Loan DetailsInés lives with her husband and her three children. She earns her living selling tortillas and pupusas (tortillas stuffed with chicken, cheese, beans or fried pork rind) and running a small store where she sells household products. She learned the business from her family. She has been running this… More from Ines'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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