Update on Ana DinoraAna is applying for a new loan to buy more inventory to sell: underwear, blouses, shorts and other items her clients like. She expects this investment will improve her financial situation. She says that, thanks to her previous Kiva loan, she increased profits and earnings, stocked more inventory, and improved her family's finances.
Con el préstamo anterior comenta que el negocio ha sido más rentable, tiene más surtido el negocio, sus ganancias le sirven para la familia, gracias al crédito Kiva su circunstancias han mejorado.
Previous Loan DetailsAna is asking for a new loan to buy new merchandise for her business. Her objective is to obtain new types of clothes and new styles of blouses, shirts, skirts, pants, and underwear, since this will help her to be better able to serve her customers with a better variety of clothing options. She… More from Ana Dinora'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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