Update on Martina HildaMartina owns a grocery store. She expresses her thanks for the support she got when she was granted her previous loan that made it possible for her to buy popular products to sell in her grocery store and earn daily income in the city of León; besides they are very much needed among the low-income population.
Currently, Martina needs this loan to buy display cases to exhibit her products and have them in better conditions and also to buy basic grains that her customers consume daily.
Actualmente doña Martina requiere de este financiamiento para comprar vitrinas para exhibir sus productos y tenerlos en mejores condiciones también para comprar granos básicos que son de consumo diario entre su clientela.
Previous Loan DetailsMartina, 58 years old, is married and the mother of 4 children. She is a humble shopkeeper with a very basic level of schooling, but a hard worker. She married very young, but her husband is the head of the household who has financially supported the family from the beginning. However, three years… More from Martina Hilda'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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