Update on Petrona LylliamPetrona, a mother of 3, sells rubber slippers and clothing. The [previous] loan allowed her to expand into other areas of sales which she had been unable to access because she did not have enough products to offer. She now has more customers and is grateful for the opportunity provided. She would like to buy more merchandise such as leather sandals, different styles of rubber sandals, and underwear. The summer season is coming and these are the products that she sells the most. They are also the most affordable type of shoes for her customers, the majority of whom are people of modest means.
Desea comprar más mercadería como sandalias de cuero, sandalias de hule de diferentes estilos, ropa interior. La temporada de verano está cerca y estos son los productos que mas vende, además que la mayoría de sus clientes son personas de muy escasos recursos y este tipo de calzado son una opción más accesible para vestirse y calzarse.
Previous Loan DetailsPetrona is 55 years old. She is a merchant, and sells merchandise in general. Originally from Granada, she is a mother of four. Only the youngest of her children still lives with her. She started her business with her own income, since she used to work as a domestic in Granada. She decided to use... More from Petrona Lylliam'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