Update on Carlota EneydaCarlota has decided to invest in her shop by buying churros, fizzy drinks, sweets, dairy products, and basic grains so as to increase her income, keep her customers satisfied and to attract new customers. Carlota used her previous loan to stock up her shop. Her customers remained loyal and her financial situation improved.
Carlota is in good health and wants to continue with her business. She is satisfied knowing that she has the finances to be able to fulfil her family duties.
Se encuentra saludable y con muchos ánimos de seguir trabajando en su negocio, le satisface tener una economía que le permita cumplir con sus compromisos familiares.
Previous Loan DetailsCarlota's a hardworking person and a single mother. She has a son, 10, and receives no help from abroad. She has a store where she sells basic household products that she started as a source of income for her family. She works from 7 a.m. until 4 p.m. The loan she's requesting will allow her… More from Carlota Eneyda'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