Update on Lidia LissetteLidia has a business in which her customer base has increased through the good service and variety of dishes that he offers, the previous loan helped her to have the financial resources to acquire all the ingredients needed to keep her in the market. On this occasion, Lidia is seeking a new loan to buy rice, oil, meat, chicken, sausages, vegetables, drinks and so on to therein satisfy her customers' tastes.
En esta oportunidad solicita un nuevo crédito para comprar arroz, aceite, carnes, pollo, embutidos, verduras, bebidas, etc., y así satisfacer los gustos de sus clientes.
Previous Loan DetailsLidia is in need of a new loan to continue with her business of selling food. This investment will help her purchase necessary products such as beef, chicken, fish, vegetables, condiments, drinks, conch etc… Lidia says that the previous loan helped her to increase her inventory and with it she... More from Lidia Lissette'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