Cristina Del Carmen
Update on Cristina Del CarmenCristina is asking for a loan to buy rabbits, chickens for fattening, vitamins, concentrated feed, fruit and vegetables. She will increase the number of animals on her farm and will look after them and then sell them to her customers at a good price.
The previous loan gave her good results such as strengthening the business, increased sales and better profits, which have helped her to keep up her good credit record and continue to contribute to the family's living costs.
El crédito anterior le dio buenos resultados como fortalecer el negocio, mayores ventas, mejores ganancias las cuales le han servido para mantener su buen record crediticio y seguir contribuyendo en los gastos de su familia.
Previous Loan DetailsCristina needs to opt for a new loan to continue working in her business. This investment will help he buy more merchandise like chicks to raise, feed, vegetables and fruit. Her previous loan helped her attain greater business growth. Her economic conditions and family circumstances have… More from Cristina Del Carmen'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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