Update on Rosaura IsabelRosaura has invested her previous loans in her business. They helped her to improve the resources in order to get ahead with her business and to have greater income.
She is deciding on a new loan to buy more pigs, food to feed them, and agricultural supplies. Thanks to the profitability her business now has, her family has a better life. They get ahead, providing her with support in her business activities.
Gracias a la rentabilidad que hoy tiene en su negocio su familia tiene una mejor vida y siguen adelante brindándole el apoyo en sus actividades.
Previous Loan DetailsRosaura works raising pigs and barnyard fowl. She’s well-known in her community; she’s responsible and hardworking. She currently lives with two children who are economically dependent on her. Rosaura works in animal husbandry activities like raising pigs and barnyard fowl. She set up this ac... More from Rosaura Isabel'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