María Del Carmen
Update on María Del CarmenMaría feels satisfied with the results she got from her previous loan so she’s requesting another one now to stock up on more fruit and vegetables. She will buy oranges, bananas, apples, tomatoes, potatoes, avocados, etc. to strengthen her business.
The business is more popular, her customers are more satisfied due to the quality and variety of goods she sells now and her profits have increased. Her family’s nutrition is better and they are very healthy; her family continues with the same number of members.
El negocio es más popular, sus clientes están más satisfechos por la calidad y variedad de productos que hoy ofrece, sus ganancias han aumentado. La alimentación para su familia es mejor, se encuentran muy saludables, su familia sigue con el mismo número de miembros.
Previous Loan DetailsMaría is currently requesting a loan in order to buy tomatoes, cabbages, onions, strawberries, grapes, apples, and bananas. This investment will help increase the available inventory in her business so that she can offer her customers fresh fruits and vegetables.
María’s previous loan wa... More from María Del Carmen'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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