Update on Ana VidalAna is in need of more working capital to continue investing in her business, which is why she needs a new loan to buy zips, threads, buttons, fabric, and other items.
Her previous loan was a good experience, her economic conditions have improved, since she was able to buy a stall in the market and stock her business with more goods. Her family circumstances remain the same.
El crédito anterior fue positivo, las condiciones económicas han mejorado, ya que logro comprar un puesto en el mercado y surtió más su negocio; las circunstancias familiares se mantiene igual.
Previous Loan DetailsAna is married and lives with her husband and her son who is one year old. She is dedicated to make clothes, she is a dressmaker. She learned it from her sister and has seventeen years of experience. She needs financing for the purchase materials such as zippers, fabric, lace, buttons, needles an... More from Ana Vidal'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