Update on Maria ConcepcionMaría is still running her store and wants to stock it with products for the holiday season. That is why she is requesting a loan to buy snacks, juices, candy, soap, bleach, and rice - as well as other things that are necessary to offer to her customers.
She states that her business has remained stable, and she has managed to stock it to be able to makes sales. For a few months, she was looking after her father, who was sick and died. This affected her income, but she continues working with hopes to grow.
Ella manifiesta que su negocio se ha mantenido estable, ha logrado surtir el negocio para vender, en algunos meses estuvo atendiendo a su padre quien enfermo y murió, esto le afecto su economía, pero sigue trabajando, con la ilusión de crecer.
Previous Loan DetailsMaría has a plan to stock her store with more products. For this, she is applying for a loan that will help her buy the most necessary products: candy, soft drinks, juices, water and staple grains. This is because her product inventory is decreasing and she believes it necessary to undertake a ne... More from Maria Concepcion'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