Edita Del Socorro
Update on Edita Del SocorroEdita is a very hardworking woman who has a strong desire to get ahead. She says her previous loan brought very beneficial changes to her business, because she was able to buy raw materials so that she could work and produce more. She is very grateful for the support that she has received through these loans.
Now Edita wants to make new styles of clothing, particularly hand-embroidered garments, so that she can attract more customers. She thinks that the most important thing is to offer quality and variety to compete in the marketplace so that she can maintain and improve her income. She needs a loan now to buy fabric, thread, yarn, lace, buttons and elastic.
Ahora desea hacer nuevos estilos de ropa y atraer más clientes sobre todo en los atuendos bordados a mano, pues ella considera que es importante ofrecer calidad y variedad para competir en el mercado y así mantener y mejoras sus ingresos. Hoy está requiriendo el crédito para comprar telas, hilos, lanas, encajes, botones y elásticos.
Previous Loan DetailsEdita is a native of Granada and a seamstress. She says the loan she got has opened a lot of doors for her. She has bought raw materials for work, such as fabric, thread, zippers, lace, and sewing accessories. She had orders to finish and thanks to the help she managed to finish them in a timely… More from Edita Del Socorro'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