Update on Rosa AdrianaRosa is a shopkeeper who owns her own grocery store. She was offered her first loan which allowed her to stock her store a little better and purchase products she was not previously able to sell due to a lack of capital. She is grateful for the assistance she has been offered. This motivates her to continue investing in her shop to achieve her desired dream of having a distributor.
She is requesting this loan in order to purchase cookies, juices, milk, cream, butter, canned goods, soaps, detergents, sodas, and staple grains. These make up part of the products that her customers request daily.
Está solicitando este financiamiento para comprar galletas, jugos, leche, crema, mantequilla, enlatados, jabones, detergentes, sodas y granos básicos. Pues son parte de los productos que diariamente le solicita su clientela.
Previous Loan DetailsRosa, 33, is a merchant. She’s from Granada and owns a grocery store. The first support she got to set up her grocery store was from her mother who owns a space in Granada’s local market and she suggested that she should earn her own income and not depend on anyone and thus support her six-year... More from Rosa Adriana'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