Update on Juana AracellyJuana is 41 years old, lives in the city of León and is the mother of three children. She is a merchant who sells food and used clothing. She is a client of Kiva, and is very grateful for their support because little by little, thanks to the funding she has received, she has been able to grow as a merchant and support her children to succeed. She is requesting this loan in order to purchase rice, sugar, oil, vegetables, chicken and food packaging. One of the purposes for this is to continue improving the infrastructure of her business.
Está requiriendo el financiamiento para comprar arroz, azúcar, aceite, vegetales, pollo, empaques para comida. Uno de sus propósitos a realizar es ir mejorando la infraestructura de su negocio.
Previous Loan DetailsMrs. Juana, 41, lives in the city of León and has three children. She is a merchant who sells food and second-hand clothing. She began her business when she was 19 years old. For eight years she sold fruit at the market, then decided to sell second-hand clothing. She then added food to her… More from Juana Aracelly'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