Yanely De La Paz
Update on Yanely De La PazYanely is requesting another loan because she needs to improve her sales and increase the merchandise in her business. She'll buy clothing, lotions, lipstick, make-up, and other merchandise necessary to make her business grow.
She says that working with the loans has improved her business, sales, and income, maintaining a stable job to be able to give her family what they need most. She considers her family circumstances to have changed because she has greater stability now and her quality of life is better.
Ella manifiesta que trabajar con los préstamos ha mejorado el negocio, las ventas, sus ingresos, manteniendo un trabajo estable para poder proveer a su familia lo más necesario, considera que sus circunstancias familiares han cambiado pues ahora cuenta con mayor estabilidad y su calidad de vida es mejor.
Previous Loan DetailsYanely is a single mother who lives with her daughters. She is employed as a product demonstrator. In addition, she sells lotions and beauty products. Yanely started this business as an opportunity to generate income for herself and her family.
At the moment, she wants to invest in merch... More from Yanely De La Paz'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