Update on Maria DeysiMaría needs to strengthen her tamale sales which is why she’s once again requesting a loan to buy corn on the cob, oil, firewood and corn which will allow her to stay in business and grow economically with her family because this activity keeps her occupied and is her main source of income.
Thanks to the previous loan she strengthened her business and has ben able to help her family get ahead economically with the profits. She continues developing the business and improving every day.
Gracias al crédito anterior fortaleció su negocio y con las ganancias a podido ayudar a su familia a salir adelante económicamente, ella sigue manteniendo en desarrollo su negocio y mejorando cada dia.
Previous Loan DetailsMaria lives with her husband and daughter. Her business is making and selling corn tamales, which she learned from her mother. Maria has seven years of experience in the business. As a traveling vendor she does not have a set schedule. She is asking for this loan in order to buy corn and fire... More from Maria Deysi'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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Success!! The loan was 100% repaid