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Caroline

Update on Caroline

Caroline is ready for her second Kiva loan to help Claytime Ceramics into its second location!

When Caroline took over Claytime Ceramics 11 years ago, it was just a small ceramics studio offering patrons a creative space to make ceramics and other crafts. Since then, Caroline has grown her shop into a Pacific Beach staple, offering a variety of hands-on experiences, workshops and summer camps in ceramics painting, mosaic, pottery and clay modeling

It has always been Caroline’s goal to expand her business to another location, and she recently had the opportunity to take over a small gift shop that she will now convert into a second ceramics studio modeled after the original.

Her second Kiva loan will help with the operating expenses and payroll of Caroline’s second Claytime Ceramics and gifts store. She feels fortunate to have found such a reliable employee for her second location and believes that this employee is just the partner she needs to help this second location thrive.

Caroline’s passion for art and ceramics is as strong as when she first took over this business and she continues to work hard to share this joy with others.

Find Claytime Ceramics on the web at: http://www.claytime-ceramics.com

Previous Loan Details

Caroline is a single mom and the owner of Claytime Ceramics , a small arts studio located near Ocean Beach in San Diego. Claytime Ceramics offers hands-on experiences in ceramics painting, mosaic, pottery and clay modeling. Whether alone, in groups or on a romantic date, Caroline’s customers com... More from Caroline's previous loan »

Additional Information

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.

Tags

About United States

  • $54,800
    Average annual income
  • 29
    View loans »
    United States Loans Fundraising
  • $12,247,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $6,675 helped Caroline to cover operating and payroll expenses for her new shop.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2014
Listed
Jun 3, 2014
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2015