Update on Rosa DeliaRosa needs capital to invest in the purchase of school supplies, vegetables, toilet paper, soap, and more, so she can take advantage of the school season properly supplying the business inventory in order to offer the best purchase options to her customers, and she also needs meal ingredients.
Rosa's previous loan permitted her to buy new merchandise at the best price and her sales have increased and her earnings are better. She has bought home appliances for the home offering a better life style for her family.
A Rosa el crédito anterior le ha permitido tener mercadería nueva y a mejor precio con lo que sus ventas han aumentado, y sus ingresos son mejores. Ella ha comprado electrodomésticos para el hogar lo que le da un estilo de vida mejor a su familia.
Previous Loan DetailsRosa is a single mother and lives with her two daughters, who are 7 and 15 years old. She doesn't have any relatives living abroad. She works selling food and basic household products, which she does on her own and with the help of her niece. She performs this work from 6:00 am to 7:00 pm, and she… More from Rosa Delia'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