Update on Maria DoloresMaria invested her first loan in basic materials to make and sell food, with which she has improved her sales and income. Her nuclear family remains the same.
To maintain her business in the marketplace she is asking to borrow additional capital to buy beef, chicken, rice, beans, vegetables, disposable items (cups, bags, plates, spoons, etc.), beverages and propane among other materials.
Con el objetivo de mantener su negocio en el mercado solicita más capital para invertirlo en la compra de carne, pollo, arroz, frijoles, verduras, desechables (vasos, bolsas, platos, cucharas, etc.), bebidas, gas propano, entre otros materiales.
Previous Loan DetailsMaría's business is selling food. She is 43 years old, single, and has three children who are in high school. María works so that she can provide for her children and help them. She has owned her business for five years and works from Monday to Friday, with the help of her sister. She learned... More from Maria Dolores'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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