Update on JaimeJaime, 44, is married to Aurora and they’ve had their small business for a year. They work providing gardening services like installing natural sod, growing potted plants, palm trees, tree pruning, and others. They head out to the various neighborhoods offering their gardening services.
Today, they are requesting a loan to buy more merchandise because they’ve landed a job of installing 35 meters of grass and five palm trees and they don’t have enough merchandise on hand to do the job. This is why they are asking for a loan to buy the merchandise they are lacking thus providing the customer with the service he deserves.
They plan to repay the loan with profits from the business. They are very grateful for the loan they were granted last year because thanks to the loan they were able to install their railing and more.
Previous Loan DetailsI am soliciting your help to construct a wall and also, to waterproof our house, since during the rainy season lots of water soaks through the roof, forming a lake. The result is lots of humidity which has a negative affect on my children's health. I am requesting this loan to construct a new ... More from Jaime'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