Cayetana Del Rosario
Update on Cayetana Del RosarioCayetana is a humble vendor who makes a living making and selling tortillas. She is a native of the city of León and mother to 5 children, the youngest of whom studies Biology and who she supports. Her first Kiva loan gave her the opportunity to buy raw ingredients to produce tortillas and obtain an income to help to pay for her children's studies. Cayetana now distributes her products to small grocery stores and sells from door to door. She continues to pursue her plans of improving the roof of her kitchen little by little and lay down flooring. Part of the financing that she is seeking today will be used to buy corn, quicklime and firewood, as well as to get her youngest child ahead in life so that he succeeds given that she was unable to study.
Previous Loan DetailsCayeta, 55, is a merchant who was born in the city of León. She studied as far as fourth grade in elementary school. She has five children, four of whom are independent. The youngest is studying Biology at the university. For 25 years Cayetana has been running the tortilla business she be... More from Cayetana Del Rosario'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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