Update on Dinora ElizabethDinora wants a new loan to be able to buy pigs for her farm; this will make it possible for her to have a larger number in her farm and in future generate profitable sales. She states that her business stabilized with her previous loan; she’s sold pigs and had a profit margin and her family conditions have generally improved.
Ella manifiesta que con el préstamo anterior su negocio se estabilizo, ha realizado ventas de cerdos de las que le quedo un margen de ganancias, sus condiciones han mejorado en general con su familia.
Previous Loan DetailsDinora wants to continue with her business. That's why she is motivated to continue investing through a new loan. She will buy pigs for her small farm, maintaining her livelihood by providing the care they need, and ensuring that the pigs receive adequate feed. This is because her customers p... More from Dinora Elizabeth'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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