Update on Maria AgripinaMaría is getting another loan to strengthen her business quickly. She's going to buy clothing, shoes, and other accessories to keep on expanding her business little by little and to keep her customers satisfied.
With the previous loan María was able to vary the clothing and natural medicine she sold in her business. Her sales improved, she attracted new customers, and she earned more income.
Con el préstamo anterior pudo variar el tipo de ropa y medicina natural que ofrecía en su negocio, sus ventas mejoraron, atrajo a nuevos clientes y obtuvo mejores ingresos.
Previous Loan DetailsMaria lives with her family. She works selling clothing, but she also sells natural remedies to supplement her income. Maria is requesting a loan to strengthen her business and increase her income. This investment will help her purchase a variety of merchandise, such as skirts, shirts, blouses,… More from Maria Agripina'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