Update on MartinMartin is requesting a loan to buy agricultural supplies (fertilizer) and pay laborers. This will help him to improve his harvests. This is Martin's second loan. He used his first loan to buy agricultural supplies which gave him good results with his production. He managed to sell part of his harvest to repay his loan.
Martin's biggest dream is to continue working so that he can improve his financial income and provide his family with better living conditions.
Su mayor sueño es seguir trabajando para mejorar ingresos económicos y llevar a su familia a mejores condiciones de vida.
Previous Loan DetailsMartin lives with his wife and their 6 children, aged 19, 17, 14, 12, 10 and 8 years old. He works in agriculture as an inheritance from his father. He works with his older children who help him with the planting. They work from 4:00 a.m. to 11:00 a.m. His difficulty is the terrain which is s... More from Martin'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.
About El Salvador
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