Update on Dora ElizabethDora is requesting a new loan to build a stall for her business. This would be very helpful to her to be able to purchase the necessary materials and invest in the products she sells. This will help give her business a better image and therefore create more demand from her clients and satisfy her clients’ needs.
The family circumstances and the economic conditions are stable.
Las circunstancias familiares y las condiciones economicas se mantienen.
Previous Loan DetailsDora sells “ pupusas ”. She lives with her 26-year-old son who is already married. Dora manages her business every day at the municipal market, preparing pupusas and other foods between the hours of 7am and 5pm. She wants to remodel her business, so she is requesting a loan to invest in c... More from Dora 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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Success!! The loan was 100% repaid