Update on Antonia AngelicaWith the help of loans, Antonia continues to make progress in her business selling clothing. She has improved her inventory, has better profits, maintains a good credit record, and has a better lifestyle with her family.
Her sound objective is to stay in the market with innovative garments in a variety of styles, colors, sizes, and prices. She decided to get another loan to invest in buying pants, skirts, shirts, blouses, nightgowns, underwear, and dresses. That way her customers will find what they need in her sales stall.
Con el firme propósito de mantenerse en el mercado con prendas novedosas, variadas en estilos, colores, tallas y precios, opta por un nuevo préstamo para invertirlo en la compra de pantalones, faldas, camisas, blusas, camisones, ropa interior y vestidos, de esta forma sus clientes encontraran lo que necesitan en su puesto de venta.
Previous Loan DetailsAntonia decided on a new loan to stock her business with new clothes; she will buy blouses, skirts and pants to keep her business stocked and meet customer demand so that her sales will remain steady. She feels that the previous loan helped her to have more inventory and variety for her business... More from Antonia Angelica'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