Update on Ana MarisolDue to the good results that she received from previous loans, Ana has decided to request more capital to invest in the purchase of sausage, bread, cabbage, plantains, tomatoes, etc. so that she can continue to strengthen her business.
With her previous loan, she was able to strengthen her business by increasing her sales. She now has new customers and her financial situation has improved due to the financial commitments that she has.
Con la inversión anterior fortaleció el negocio de manera que aumentó sus ventas, tiene nuevos clientes, su economía ha mejorado con lo que se le facilita cumplir con los compromisos económicos que tiene.
Previous Loan DetailsAna is requesting a new loan to strengthen and grow her business. This investment will help her to buy sausages, French bread, juices, and other items. She had a good result with her previous loan. Her financial situation improved, because with the loan her earnings increased and so did her… More from Ana Marisol'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