Alba Del Carmen
Update on Alba Del CarmenAlba is requesting a loan to invest in buying three pigs for the farm. This will help her to increase the number at the farm and to be able to sell grown pigs in the future. She expects to have a good deal, to farm and fatten the pigs so that her profits imiprove at the moment of selling them.
She mentions that the previous loan allowed her to grow and to have everything that is necessary for her farm to expand. By buying pigs and feed for them, her family's condition is stable.
Ella manifiesta que el préstamo anterior le permitió crecer y tener todo lo necesario para que su granja aumentara, comprándose cerdos y alimento para ellos, sus condiciones familiares se mantienen.
Previous Loan DetailsAlba raises pigs. She lives with her husband and his siblings, and her mother. She does not have children. Everybody in her household works. Alba started her pig business with the support of a friend. She works from home and does not work fixed hours. Alba currently needs a loan to buy pi... More from Alba Del Carmen'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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