Update on Maria LisyMaría is an excellent saleswoman. Her business is thriving, since sales are continuously increasing. Thanks to her previous loan with Kiva, she could buy more jewelry and deliver all the orders her customers had made. She could also offer more variety. María appreciates the help she received, since it was very useful for her.
She is requesting a loan again, to invest in buying more jewelry in order to continue to grow as a saleswoman and continue helping her family as she has done so far. She appreciates this new opportunity, which will be of great help for her.
Solicita nuevamente del crédito para poder invertirlo en la compra de más joyas, para poder seguir creciendo como vendedora, y poder seguir ayudando a su familia como lo viene haciendo. Agradece por la nueva oportunidad que esta recibiendo, ya que le será de mucha ayuda.
Previous Loan DetailsMaria Lisy is 39 years old, married, and lives in the city of Encarnación. She has been selling jewelry for some years. She is very well known in her neighborhood for the jewelry that she sells. She is a very good woman and describes herself as a hard-working and tenacious woman. She tells us… More from Maria Lisy's previous loan »
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
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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