Update on InesInés will stock her shop with more everyday essentials. She plans to buy sweets, oil, rice, corn, drinks and other items. The previous loan gave her the chance to expand her business and satisfy her customers and she has been able to pay off her debts responsibly.
Inés has not had any problems with the business which could prevent her from continuing with it. She continues to strive to increase her business all the time so she can have a stable source of income and have enough money to provide her family with better food and health.
Sigue luchando por ampliar cada día más su negocio para tener una fuente de ingresos estable y tener los recursos necesarios para brindar a su familia mejor alimentación y salud.
Previous Loan DetailsInés has decided to request a new loan so that she can stock her business for the Christmas season. She wants to buy boquitas, rice, beans, cooking oil, eggs, cheese, and new clothing. She expects this to give her means to meet her customers’ demands. The previous loan had a positive effect on… More from Ines'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