Update on Saira TomasaWith the support from this loan, Saira plans to purchase food (dry grains, spices, meat, oil, etc.) and clothing (shirts, sandals, baby clothing, etc.) to support her two businesses, food preparation and sales and clothing sales.
Saira leveraged the funds from her previous loan to support her food preparation and sales business. With that investment, she was able to strengthen and expand her business and improve her overall financial situation. She has recently expanded her business endeavors to include clothing and shoe sales in hopes of generating additional income.
Con el capital anterior ella invirtió en la compra de materia prima para la venta de antojitos, le ayudo a mejorar su economía y crecer en su negocio, hoy en día también ha implementado la venta de ropa y calzado, con los que obtiene ingresos extras.
Previous Loan DetailsSaira sells meals and snacks. She lives with her parents who are 60 and 61 years old. She has a two-year-old son. Her parents are self-sufficient. She has had her street vendor business for two years. She learned it working in restaurants. This gave her experience to dedicate her own resources to... More from Saira Tomasa'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