Maria Del Carmen
Update on Maria Del CarmenMaría chooses to take out another loan for her seafood business. She will use it to buy fresh fish, fresh shrimp, fresh shellfish, etc. which will help her to keep her customers satisfied. With the capital she has obtained she could stock her business and has continued to work without any problems.
María and her family continue to strive to get on with the business and to improve their environment.
La familia de María sigue luchando junto a ella para salir adelante con el negocio y seguir mejorando su entorno.
Previous Loan DetailsMaría is eager to continue working with credit, as this allows her business to run smoothly. She plans to buy shrimp, various kinds of fish and lobster, shellfish, oysters and other fresh seafood, to provide a wide variety of items for her clients. Maria notes that her prior loan had very posit... More from Maria 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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Success!! The loan was 100% repaid