Update on LilianaLiliana is a very hardworking and enterprising woman who says that she has been able to greatly increase her income and help her family, thanks to her hard work.
She is asking for a loan to buy ingredients such as meat, milk, eggs, and cheese that will help her to invest back into her business. She is grateful for the new support she has received.
Ella solicita el crédito para la compra de materia prima como carne, leche, huevo y queso, lo cual le seguirá ayudando para seguir invirtiendo en su negocio. agradece por la ayuda que esta recibiendo nuevamente.
Previous Loan DetailsLiliana is 31 years-old, single, and lives in the city of Pilar, in San Antonio neighborhood. She owns her own home which meets the basic conditions necessary for her to carry out her business activity in the heart of her family. She also has her own transportation (a motorbike). Liliana has... More from Liliana's previous loan »
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
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