Update on Marta AliciaMarta is planning to stock her business selling clothing with products that her clients look for day to day. She will buy skirts, dresses, pants, shirts, blouses, pajamas and underwear for women. men and children. She hopes to satisfy the tastes of her customers and maintain their loyalty in the market. The working capital that she got before helped her to keep her business functional and she generated income to provide better food, education and health for her family. She managed to pay off her debts.
El capital de trabajo que se le facilito anteriormente le sirvió para seguir manteniendo su negocio funcionando con lo que ha tenido ingresos que necesita para brindar mejor alimentación, educación y salud a su familia. Logro cancelar sus deudas.
Previous Loan DetailsMarta is married and lives with her husband and her three children, aged 7, 13 and 22. She is an enterprising woman. Out of the necessity of helping her husband in the struggle to give their children the best and encouraged by her friends, she established her own source of income 20 years ago. She… More from Marta Alicia'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