Update on Dina ArgeliaDiana has decided upon another loan to buy articles for the Christmas season. She wants to buy hardware items such as screwdrivers, nails, hammers, pickaxes, among other tools that are necessary to build up her business.
Diana is of the opinion that, with the help of the loans, she continues to steadily build up her business. In order to remain in touch with her client’s needs, Diana has increased the stock of her hardware store.
Ella considera ,que a través de los préstamos continúa fortaleciendo el negocio de manera constante para permanecer atenta a la demanda de sus clientes, ha aumentado el inventario en su ferretería.
Previous Loan DetailsDina is requesting another loan so that she can buy tools for her small hardware store such as hammers, screwdrivers, nails, saws, and other items that are needed in construction. She believes that managing these loans well has helped her to improve the condition of her business and the living… More from Dina Argelia'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