Update on Blanca LidiaBlanca needs a new inversion of capital for her business selling vegetables and fruits. She needs to buy tomatoes, chayote, potatoes, lettuce, avocados, apples, grapes and pears to meets the demands of her customers. With her last loan she increased the variety of products she offers in her business, generating the income necessary to improve her finances and improve the living conditions of her family. Her dream is to continue to increase the size of her business and maintain the stability she has enjoyed up to now.
Con el crédito anterior ella aumento la variedad de productos que ofrecía en su negocio; generándole los ingresos necesarios para mejorar su economía y mejorar las condiciones de vida para su familia. Su sueño es seguir ampliando su negocio y mantener la estabilidad que hasta hoy tiene.
Previous Loan DetailsBlanca decided on a new loan to buy vegetables such as tomatoes, chilies, chayotes, potatoes, lettuces and avocados. This will help her to have a greater assortment in the business and to be able to satisfy demand. With the previous loan she had a positive effect since the loan helped her to ... More from Blanca Lidia'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