Esmeralda wants to continue investing in her spice business and improve her clothing sale. She will buy a variety of blouses, skirts, undergarments, and also spices such as achiote, pepper, oregano so she can continue her business and keep selling.
She feels that the money from the previous loan has stabilized her business and kept her active in the market. She was able to stock her spices and clothing items.
Esmeralda, quiere seguir invirtiendo en su negocio de especias y mejorar su venta de ropa, se comprara variedad de blusas, faldas, ropa interior,tambien especias como achiote, pimienta, oregano, para poder darle continuidad al negocio y así seguir vendiendo.
Con el préstamo anterior ella considera que ha estabilizado el negocio, permaneciendo activa en el mercado, lo ha surtido en la parte de las especias y vendiento la ropa.
Previous Loan Details
Esmeralda sells clothing, notions and spices. She lives with her 10-year-old daughter and has been in business for a year. Also, for ten years she has been running her family's notions and spices businesses which have enabled Esmeralda to earn an income. She is requesting a loan to buy a varie...
More from Esmeralda Noemy'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.