Update on Diana CarolinaA year ago, Diana was able to strengthen her business with financing help she obtained from Fundación Alternativa thanks to Kiva lenders. Now she has gained more experience and her expectation for the future is to attend university and obtain a professional degree in something related to agriculture and administration like Agroindustrial Engineering, so that she can continue working in the business she started learning as a very young child.
Now she is requesting a loan in order to increase and replenish her cattle, which will generate higher milk production for her to deliver in the surrounding areas of her community and in the city.
Diana hopes that Kiva lenders will offer her the support she needs in order to obtain enough income for her to one day make her dreams come true.
Ahora requiere un prestamo para aumentar y renovar su ganado lo que le generará mayor producción de leche que podrá repartir en los alrededores de su comunidad y de la ciudad.
Diana espera que los inversionistas de Kiva le brinden el apoyo para que ella pueda obtener los ingresos suficientes para un día poder cumplir sus sueños.
Previous Loan DetailsDiana, 20, is single. She completed elementary school but did not have the resources needed to continue with her education. She lives with her mother. They live in Recinto Bellavista, a sector with humid climate in Santo Domingo de los Tsáchilas Province, a key province where the coastal and… More from Diana Carolina's previous loan »
More information about this loan
About Fundación AlternativaFundación Alternativa encourages entrepreneurship and provides sustainable financial and non-financial services that promote social and economic development in Ecuador. The organization focuses on serving poor and excluded populations through analysis of clients' living conditions and by providing business training and other support services in urban, rural and marginalized parts of the country.
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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