Update on Evelia FranciscaDoña Evelia, age 42, is a humble merchant and a Kiva client. She is the owner of a grocery store. Evelia is very grateful for her first loan because it enabled her to invest in her business by purchasing more fruits, vegetables, and basic grains. This allowed her to increase her earnings.
For this reason, she is now requesting her second loan so that she can buy sodas, sugar, rice, beans, oil, meat, chicken, pineapple, melons, soap, and other products. By acquiring more products for her store, she hopes to attract more customers in order keep her business growing each day. Her future plans include improving her family’s quality of life so that they can live decently.
Previous Loan DetailsEvelia, 40, is from León. She’s married and the mother of four children who are all in school. Her oldest child is in the fourth year of university studying Mathematics. She’s a merchant. She has a grocery store where she sells fruit, vegetables, soft-drinks and basic grains. Her academic… More from Evelia Francisca'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