Update on Maria LuisaMaría is opting for a new loan that will help her better stock her business with products her customers are requesting. She will use the capital to buy snacks (candy, cookies, etc.), juice, soft-drinks and basic staple items. Her previous investment yielded positive results for today her business is larger, she has more customers and profits are higher.
Her immediate family remains unchanged; they are in good health, their nutrition is better and she’s been able to repay the debt she took on. She’s ready to continue working to keep her business active and to continue watching over her family’s well-being.
Su núcleo familiar sigue siendo el mismo, se encuentran con buena salud, su alimentación es mejor, ha podido ir cancelando la deuda adquirida. Está dispuesta a seguir trabajando para mantener su negocio activo y seguir velando por el bienestar de su familia.
Previous Loan DetailsMaría is requesting a loan because she needs to add new products to the inventory of her store, thus generating more orders this season. The money will allow her to buy more cookies, bread, sodas, other types of beverages, and basic household products.
Her previous loan enabled her to bu... More from Maria Luisa'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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