Update on Tania OlimpiaTania, 24, is an enterprising young woman that lives in the city of Estelí. She has two children, and despite her being a single mother, she has been able to get ahead with her job and be her family’s support. Tania owns a beauty salon. She used the first loan she received to buy supplies like dyes, beauty products, accessories, make up, nail polish and perfumes. It helped her to stock her business, take good care of her customers and make good profits.
One of Tania’s projects is to start a small clothing store. This is why she is requesting a loan to buy clothes, dyes, make up, etc. She wants to expand her business step by step, improve her children’s quality of life and give them access to a good education.
Uno de sus proyectos que se ha propuesto realizar es establecer una mini tienda de ropa
Es por eso que está necesitando el financiamiento para comprar ropa, tintes, maquillaje etc. Poco a poco desea ir creciendo como comerciante y mejorar la calidad de vida para sus hijos y puedan tener una buena educación.
Previous Loan DetailsTania is a young woman of 24 years of age who lives in the city of Estelí. She is the mother of two children who are 3 and 11 years old. She is also the owner of a small beauty salon. Previously, she sold second-hand clothes. Later, she was offered work in a beauty salon where she gained more... More from Tania Olimpia'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