Update on Dinora ElizabethDinora has applied for a new loan to strengthen her business. This time she will buy clothing, plastic items and basic food staples which will allow her to stay open with a well-stocked inventory.
A previous loan helped her buy necessary merchandise to keep her customers satisfied. She has improved her finances, paid off her debts, and her family situation has changed. She has also added other types of products to her business.
El capital anterior le ayudo a comprar mercadería necesaria para mantener satisfechos a sus clientes, ha mejorado su economía, cancelo sus deudas y las circunstancias familiares han cambiado. Ha includido otro tipo de productos en su negocio.
Previous Loan DetailsDinora lives with her family. Her mother is 66 years old, her father is 70 years old and her sister is 35 years old. They all depend on her business. She has a business selling clothing. This business allows her to earn an income and support her family. She has had her business for seven years. ... More from Dinora Elizabeth'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