Update on Coralia ElissetteCoralia has had new income upon investing the previous loan in raw materials to make and sell tortillas. With that income she has repaid her personal debt and improved the quality of her family life.
She is requesting a new loan to buy corn, lime powder, firewood, and propane gas. They are the basic materials to prepare for the sales and to continue generating the income that she needs in order to get ahead.
Está solicitando un nuevo crédito para realizar la compra de maíz, cal, leña y gas propano, son los materiales básicos para preparar la venta y seguir generando los ingresos que necesita para salir adelante.
Previous Loan DetailsCoralia works making and selling tortillas. She lives with her family, her partner and children who are 3 and 4 years old and economically dependent. She learned her work from her family. She works from 6:00am until 6:00pm and works from home and to date she has not had any difficulties. She wi... More from Coralia Elissette'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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