Lucia Del Transito
Update on Lucia Del TransitoLucía is applying for another loan in order to buy drinks, basic grains, sweets, detergents and other products as she needs to keep her business prepared to handle customers' demands.
Lucía used her previous loan to stock up her business with new products. This allowed her to increase sales and it brought in new customers. Lucía has paid off her debt and continues to complete her household duties.
Con el crédito anterior surtió de nuevos productos su negocio, con lo que aumentos sus ventas, tiene clientes nuevos, ha cancelado sus deudas y sigue cumpliendo con los compromisos familiares.
Previous Loan DetailsLucia lives with her daughter and one grandson. She is married and works as a schoolteacher as well as the owner and manager of a store. She runs the store together with her daughter full-time, every day. The store is located in her home. She is requesting a loan to buy merchandise such as… More from Lucia Del Transito'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