Update on Noemi YaniraNoemí is requesting a new loan because it is now the season for sowing corn. For the planting, she needs to invest in fertilizer, herbicides, and corn seeds in order to have a bountiful harvest. She hopes that this loan will allow her to make this investment and to have better final results.
She says that her previous loan also helped her to improve her merienda [snack] business, as she bought the necessary materials for keeping it going. She says that she has had better opportunities for making an income, and she hopes that this harvest will result in a great financial increase for her family.
Ella manifiesta que préstamo anterior también ayudó a a mejorar el negocio de merienda ya que compró los materiales necesarios para continuar brindando y realizando los productos alimenticios a los clientes, considera que ha tenido mayor oportunidad para generar ingresos y espera que de este cultivo también sea un gran avance en la economía de su familia.
Previous Loan DetailsNoemí lives with her husband and two children aged 13 and 18. For two years she has run a business selling snacks. Her sister-in-law helps her in the business. Noemí is requesting a loan to buy materials with which to prepare her snacks such as chicken, meat, rice, vegetables, oil and condim... More from Noemi Yanira'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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