Update on Elmer OrlandoElmer is applying for a new loan, as he is starting a new corn crop and feels that through this contribution he will be able to begin his work with the necessary elements. These include fertilizer, insecticides and pesticides, which are the things that help him prevent pests and strengthen the crop.
The previous loan helped him to have everything he needed to work. His family's circumstances have improved through the progress he has made with his crops.
El préstamo anterior le ayudo a tener todo lo necesario para trabajar, las condiciones en su familia han mejorado por el avance que a tenido en sus cultivos.
Previous Loan DetailsElmer lives with his wife and two children. He is a rancher and farmer. He learned this trade at a young age and a friend encouraged him to work in the field. He doesn't have a set schedule for his farming and ranching activities. Elmer has started planting corn and it is for this reason that… More from Elmer Orlando'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
656View loans »
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Apr 27, 2012
- May 29, 2012
- Currency Exchange Loss:
- Jun 28, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.