Update on Maria DiodoraMaría is asking for a new loan because she needs to keep helping her business grow. It would allow her to make useful improvements in her business activity. With this loan, she could buy string and twine to continue with her craft work.
The previous loan helped her business grow, and now she has a small shop, which has been of great benefit to her. It has changed her circumstances, because she has been able to generate more income and thus support her family
Con el crédito anterior le ayudo a crecer, ya que hoy cuenta con una pequeña tienda, lo cual le ha sido de mucho beneficio. Si le ha cambiado su circunstancias, porque ha generado más ingresos y con ello ha aportado a su familia.
Previous Loan DetailsMaría is requesting a new loan so that she can buy more supplies for making hammocks and bags since she already has orders for her work. Therefore, she needs enough materials to complete these requests. Her purchase will consists of thread and twine of various colors. María says her busin... More from Maria Diodora'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