Update on MauriciaMauricia is a hard-working person. In her small store she labors to cover the expenses that arise daily in supporting her household. She is a fighter and very much an entrepreneur. She used the last loan to stock her store. She is asking for a new loan to buy all kinds of clothing as she wants to improve her shop and offer more products to her customers. She is thankful for the opportunity she has to expand.
Hoy solicita de nuevo un préstamo para poder invertirlo en la compra de prendas en general, ya que quiere mejorar su despensa y dar mayores productos a sus clientes. Agradece por esta oportunidad de crecer que tiene.
Previous Loan DetailsSeñora Mauricia comes from the city of Santaní. She is 51 years old, and is married to Señor Aniano, who is 62. She has 6 children, all of whome are grown and who work independently. She has a provisions store in her home, where she works every day from very early in the morning until late i... More from Mauricia'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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