Update on Claudia VeronicaClaudia is requesting a new loan because she needs to meet demand for this month. This loan will allow her to buy flowers, wallets, all kinds of clothing, shoes, perfume, and other items.
Her previous loan allowed her to fill all her sales and she has been able to have a better quality of life. Her economic conditions and family circumstances have improved.
El crédito anterior le permitió llenar todas las expectativas de venta y ha logrado tener una mejor calidad de vida; las condiciones económicas y las circunstancias familiares han mejorado.
Previous Loan DetailsClaudia is requesting another loan, as she considers it necessary to be able to increase the variety of new clothing and footwear products by buying blouses, skirts, underwear, and a variety of footwear for men and women. This investment will permit Claudia to continue working at her best in the… More from Claudia Veronica'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.
About El Salvador
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Success!! The loan was 100% repaid