Update on Lilliana PatriciaLiliana is married and the mother of 3 daughters, one who is 13 years old, and twins who are 2 years old. She is a saleswoman and an owner of a local convenience store. She is thankful for having benefited from her first Kiva loan, which she used to purchase grains, milk products, cleaning products, and she stocked her store and offered variety to her customers.
Today she requires financing to purchase basic grains, perfumes, cosmetics, makeup, and decorations. Mother's day is nearing and the majority of her customers are looking for presents to give, so she wants to be prepared to attend to the demand of her customers. Furthermore, it is an opportunity to improve the incomes of her businesses. The other business that she wants to have in the future is the sale of electric appliances in order to diversify her income and improve the quality of life of her family.
Hoy esta requiriendo este financiamiento para comprar granos básicos, perfumes, cosméticos, maquillaje, adornos. Pues se acerca el día de las madres y la mayoría de sus clientes buscan obsequios para regalar, desea estar preparada para atender la demanda de sus clientes. Además que es una oportunidad para mejorar los ingresos de sus negocios. Otro negocio que desea poner a futuro es la venta de electrodomésticos para diversificar sus ingresos y mejorar la calidad de vida de su familia.
Previous Loan DetailsLiliana is 32, married, and the mother of three children. A merchant by occupation, she runs a small general store in her home. She lives in Tipitapa, in Managua municipality. She has been working in the retail area for 12 years. She began this work at the age of 20, when she used to go out to… More from Lilliana Patricia'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