Update on Silvia CarmelinaSilvia needs capital to stock up on the necessary items for her business and to continue developing the sale of pupusas. She will buy oil, flour, quesillo cheese, dressings, snacks, condiments, drinks, bread, rice, beans and more. She will continue to provide what her clients want.
With the help of the loans, Silvia has prospered gradually and her business has remained active, providing the income necessary to help her family and cancel her debt.
Con la ayuda de los créditos Silvia ha prosperado poco a poco, su negocio se ha mantenido activo dándole los ingresos que necesita para ayudar a su familia y cancelar su deuda.
Previous Loan DetailsSilvia is requesting more capital for her business selling pupusas [corn cakes with fillings]. She will buy condiments, fried pork, farmer's cheese, corn, oil and propane gas in order to keep improving her business. With the previous loan, she was able to establish a good service for her cust... More from Silvia Carmelina'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