Update on Maria AngelaMaría is seeking a new loan so that she can buy three pigs for butchering. She will also buy feed for the animals. This loan will enable her to maintain a considerable number of pigs on her farm and thus be able to continue to work as a butcher and to sell meat.
With the previous loan she was also able to make a good purchase, which led to her making a profit. With her family she has managed to improve their living conditions, all thanks to the loans she has received from this institution.
El préstamo anterior logro también realizar una buena compra, de los cuáles obtuvo resultados positivos, ya que al comercializarlo le generó un margen de ganancia, con su familia ha logrado mejorar las condiciones del hogar, todo a través de los préstamos obtenidos con esta institución.
Previous Loan DetailsMaría lives with her husband and two children. They are independent, and she makes a living taking care of the farm where they live. She is a housewife and has been marketing pigs for ten years. She learned this trade from her parents, since they also made a living raising pigs. Right now she... More from Maria Angela'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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