Oneyda Del Socorro
Update on Oneyda Del SocorroOneyda is 37 years old and is a humble businesswoman. She has a general store and is grateful for the opportunity provided by her first loan and is very satisfied because she was able to invest in her store and buy the products that she didn’t have, such as rice, sugar, soft drinks, beans, etc. She is asking for a second loan so that she can continue doing the same and buy basic grains such as rice, soft drinks, sugar, cooking oil, and beans. She wants to increase her earnings.
One of her goals is to be able to provide better service to her customers and at the same time have a better quality of life for her family.
Una de sus metas es poder brindarle un mejor servicio a su clientela y a la misma vez tener una calidad de vida mejor con su familia.
Previous Loan DetailsOneyda is originally from Esteli. She is 36 years old, mother of two sons and a shopkeeper. She is dedicated to a convenience store of which she has been the owner for the past 10 years. She got started working the convenience store with her mother. After she inherited the store from her mother… More from Oneyda Del Socorro'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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