Update on Ana CeciliaAna needs to stock her clothing sales at this time because her customers are looking for product diversity. She will buy blouses, pants, skirts, shirts, etc. This way, she will attract more customers and fortify her business.
With the previous loan, she had a variety of products to offer her customers. Her sales increased, her income improved and her family is in very good health.
Con la inversión anterior su negocio tuvo una variedad de productos para ofrecer a sus clientes, sus ventas aumentaron, sus ingresos mejoraron, y su familia se encuentra muy saludable.
Previous Loan DetailsAna is asking for a loan which she will use to further stock her business in order to have variety. She will buy an order of mens' and women's perfume as well as anti-perspirant, and scented creams, since she is a wholesaler. These loans are a big help because she acquires the merchandise and pay... More from Ana Cecilia'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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