Update on Maria FidelinaMaría invested her previous loan in the supplies needed to make different food stand meals. She has had good results, because she has had better earnings, paid off her debts and has managed to move from her stand to one that is larger and safer in a better commercial zone. The loan that she is asking for will be used to buy meat, chicken, cold cuts, rice, oil, vegetables, drinks, propane gas, etc. She will use these supplies to make meals to sell, and also to improve her new stand—to make it more colorful and agreeable for her customers.
El crédito que está solicitando será de utilidad para comprar carnes, pollo, embutidos, arroz, aceite, verduras, bebidas, gas propano, etc., con los que prepara la comida para la venta y también mejorara el nuevo local para tener una vistosidad más agradable para sus clientes.
Previous Loan DetailsMaría is a single mother who is fighting in order for her children to prosper. María owns the house where she lives alongside her parents. Her parents depend on María's income. Dedicated to looking after her family, María had the idea of starting a small restaurant, where she could put into pr... More from Maria Fidelina'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