Update on Maria IsabelMaría has decided to request another loan because she has experience with loans and because they are a good resource, enabling her to work and invest in buying fruit and vegetables such as tomatoes, potatoes, pear squash, apples and grapes, among others.
She notes that good investment in her business has achieved better profitability and helped her improve her income. Thanks to her business earnings she is now in a better condition and has more opportunity to keep on working.
Ella comenta que la buena inversión en el negocio ha logrado más rentabilidad, le ha ayudado a mejorar su economía, gracias a las ganancias del negocio, ahora cuenta con mejores condiciones y oportunidades para seguir trabajando.
Previous Loan DetailsMaría wants to invest in her business to expand and strengthen it. She is requesting a new loan so she can buy fresh fruits and vegetables, like tomatoes, peppers, onions, cabbage, strawberries, apples and papayas. This loan will allow her to restock and further develop her business. She was able… More from Maria Isabel'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.
About El Salvador
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Success!! The loan was 100% repaid