Fatima Del Carmen
Update on Fatima Del CarmenFátima is a humble young woman who want to get ahead. She is 23 years old and sells seafood. She has had this business for 6 years. She is single and the proud mother of 3 children, aged 6, 7 and 2. She started this activity when she was very young. Fátima earns her living going out to sell under the sun every day. She says that her first experience with a Kiva loan was beneficial. She is very grateful because she was able to buy seafood and sell a lot, but the most important thing is that she established her first credit history that she hopes to keep clean to be able to take out loans and keep growing. At this time, she needs the loan to buy all kinds of fish, such as guapote, tilapia, sea bass, etc., which are the different types of fish. One of her future plans is to buy a pick-up truck to transport her products and not depend on anyone. She wants to become a seafood wholesaler.
Previous Loan DetailsFátima, 22 years old, is originally from León. She is a single mother with three children, ages 1, 4, and 6. She has made a living selling seafood for the past six years. She started her business with the help of her mother, because she became a mother herself very young. The father of her childr... More from Fatima Del Carmen'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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