Update on Arianna YolibethArianna, originally from Esteli, is the owner of a small cybercafe. She says that her first experience with the Kiva loan permitted her to replace the old monitors that she had and to buy mouses and keyboards. On this occasion, she is requesting the loan to buy a printer, since she has not previously offered printing service. Little by little, she wants to make her small business more sustainable and improve her quality of life.
Previous Loan DetailsArianna is a single young woman who is 25 years of age and originally from Estelí. She also has a degree in systems engineering and has a business of providing Internet services from a cybercafé in her community for the past two years. This business has enabled her to obtain experience and expe... More from Arianna Yolibeth'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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