Update on Maria AntoniaMaría needs a new loan so that she can continue investing in her business. This loan will allow her to buy corn and firewood, and to have her industrial gas stove repaired.
María's previous loan enabled her to achieve her goals as she increased her income and improved her family's situation.
El crédito anterior le ha permitido lograr los objetivos esperados, ya que ha tenido incremento en los ingresos; las circunstancias condiciones y familiares se han optimizado.
Previous Loan DetailsMaría lives with her family; she’s a merchant. She sells various products like cosmetics and sandals. Sometimes she also sells snacks. She is very enterprising and looks for whatever occupation will produce an economic benefit for her. She currently does not have much money to invest in the... More from Maria Antonia'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