Update on Fanis MaritzaFany is requesting a loan to buy materials to start the new planting. She will buy fertilizer and seed, which is what is necessary to start her pipian squash crop.
The previous loan helped her improve the quality of her crop, increasing the production. With this Fany has been able to improve her family's income.
El préstamo anterior le ayudo para mejorar la calidad de la cosecha, aumentando la producción, con esto Fany ha podido mejorar los ingresos para su familia.
Previous Loan DetailsFanis lives with her husband and three children who are 12, 15, and 18 years old. She and her husband work growing vegetables like squash, green beans, and peppers. Out of necessity she began this job 10 years ago. They work every day between Monday and Saturday, and they don’t have fixed hours.… More from Fanis Maritza'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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