Update on GuillerminaGuillermina is a very hardworking person who is making headway thanks to her efforts and the help of her husband. She is a very devoted person who strives to keep improving in what she does. She invested her previous Kiva loan to purchase products to stock her store, which has been a big help. Today, she is once again requesting a loan so she can continue stocking her store with baked goods, bulk products, milk, vegetables, fruits and other items, which will help out a lot. She is grateful for this new opportunity she is receiving.
Hoy nuevamente solicita de un crédito para poder seguir surtiendo su despensa con panificados, productos a granel, leche, verduras, frutas y demás, que le será de mucha ayuda. Agradece por esta nueva oportunidad que esta recibiendo, que le será de mucha ayuda.
Previous Loan DetailsSra. Guillermina is 34 years old and happily married to Sr. Fernando, who is 37 years old. They have two children whom they love greatly. Guillermina is the owner of a small store. She started the store more than five years ago with her and her husband’s savings. Gradually they began building the… More from Guillermina's previous loan »
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
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