Update on Deisy TamaraDeisy is requesting a new loan because she needs to invest in her business so that she can provide better service to her customers. The money will allow her to buy shelving, braces, and a display counter.
The effect of her previous loan was favorable since it helped her to improve the sales in her store and generate more income. As a result, she was able to make improvements to her home and optimize her family’s quality of life.
El efecto que tuvo del crédito anterior fue favorable, ya que le ayudo a mejorar las ventas en su tienda y así obtuvo mayores ingresos económicos y con ello logro mejorar su vivienda, eso hizo optimizar la calidad de vida de su familia.
Previous Loan DetailsDeisy is asking for a new loan to invest in her store because she wants to increase availability of some products like instant coffee, soups, artificial beverages, soft-drinks, cookies and snacks since these are what customers prefer. Her previous loan had a positive effect in that it gave her… More from Deisy Tamara'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.
About El Salvador
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Success!! The loan was 100% repaid