Update on Yesenia CatalinaYesenia is 31 years old and lives in Ceiba, a settlement located on the outskirts of the Leon department. She is married, has three children, and raises hogs and corn. She is very grateful for the assistance she gets through Kiva. She used the money from the previous loan to buy hogs and feed. She saw the need to specialize in raising this kind of animal in order to produce good quality hogs of optimal weight.
She is asking for this second loan in order to buy more hogs, as one of her goals is to have a hog farm with hogs of good size and weight, as her customers have requested. She also wants to build a pen in order to provide better conditions for her animals.
Previous Loan DetailsYesenia, age 31, was born in the region of La Ceiba which is located in the Department of León. She is married and the mother of three children. Yesenia is a merchant who raises pigs and grows corn. Through her own efforts, she started out planting corn on two plots of land and beans on another… More from Yesenia Catalina'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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