Update on Audelia CeciliaAudelia is a resident of Grenada. She is a businessperson and owns a grocery store, a business she started when she was twenty years old. She used her previous loan to purchase basic grains, oil, and cleaning products to stock her business since there is a high customer demand for these products. She is very grateful to have been offered the opportunity to receive the first loan as it has been very positive for her business. Today, she is requesting the loan to purchase wholesale basic grains such as sugar, beans, rice, corn, wheat, and oil. She wishes to stock her grocery store with new products to attract more customers and make her business grow each day.
Hoy está requiriendo el crédito para comprar granos básicos al por mayor tales como azúcar, frijoles, arroz, maíz, trigo y aceite. Ella desea ir surtiendo su pulpería de nuevos productos para atraer más clientes y hacer su negocio crecer cada dia.
Previous Loan DetailsAudelia, 37, owns a grocery store. She’s the mother of four children but still supports only the youngest, a ten-year-old. She started her business selling sweets and ice-cream and with the income she earned she’d gradually buy other types of products and little by little set up a grocery sto... More from Audelia Cecilia'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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