Update on Brenda EsmeraldaBrenda is requesting a new loan to continue investing in the production and sale of snack foods and likewise in increasing the productivity of her broiler chickens. The loan will be used to purchase corn, firewood, gas, concentrates, chicken, and feed. With her previous loan, Brenda was able to start another business raising chickens, giving her more economic stability and allowing her to continue educating her children and providing for their needs. She has been earning more money, and with her new business raising broiler chickens, the quality of her family's living conditions has improved (health, education, etc.).
Con el crédito anterior logro hacerse de otro tipo de negocio, lo cual es la crianza de pollos, crecer económicamente así como también continua educando a sus hijos y darles lo necesario. Ha obtenido mejores ingresos económicos y a la vez otra actividad como lo es la crianza y venta de pollos de engorde, el fortalecimiento de las condiciones de vida de su familia ha mejorado (salud, educación, etc.).
Previous Loan DetailsBrenda is requesting a new loan to buy products for her business, such as bananas, yucca plant, cabbage and oil to prepare afternoon snacks. This purchase will help keep the business going while maintaining its sales volume. She believes her economic situation has improved through the proper use… More from Brenda Esmeralda'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