Update on Ana FranciscaAna needs a new loan, which will help her improve her income. This investment will allow her to buy ingredients, such as corn, chicken, meats, vegetables, sodas, juices, and other things that she needs to make food. This investment will be of great help to improve her sales and also optimizing her income.
Her main goal is to provide her family with a better quality of live and optimize her business.
Su sueño principalmente es ofrecerle una mejor calidad de vida a su familia y optimizar su negocio.
Previous Loan DetailsAna runs an eatery. She has three children who live with her and her husband. She has had the eatery for 10 years, and also sells pupusas (Salvadoran stuffed tortillas). Her hours are from 6:00am to 6:00pm. The advantage she has is her location, which is ideal. She is applying for a loan to buy… More from Ana Francisca'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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