Update on Marta AliciaMarta is requesting a new loan to continue investing in the business thus increasing her inventory of medicine since it makes it possible for her to generate income. This will help her buy vitamins and syrups, among other types of medicine to provide better customer service.
Her previous loan made it possible for her to improve her business, to increase clientele and thus obtaining higher income. Her family situation has improved since her life stability has been favorable.
El crédito anterior le permitió mejorar su negocio, aumentar la clientela y con ello obtuvo mayores ingresos. Las circunstancias familiares han mejorado, ya que ha tenido una estabilidad de vida favorable.
Previous Loan DetailsMarta is requesting a new loan, and plans to invest the funds from the loan in her natural medicine business. She plans to purchase a variety of natural products and chemicals, including vitamins, antihistamines and antibiotics, products which will help her to more thoroughly attend to her client... More from Marta Alicia'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