Update on Isidro YobaniIsidro is seeking a new loan because he needs the money in order to begin planting his crops, buying the necessary fertilizer and herbicides for strengthening the field and preventing infestations. This loan will supply him the materials for application since he will plant one and a half acres of corn and three quarters of an acre of beans.
With the previous loan, Isidro produced the crops from which he obtained a good yield. On that occasion he purchased the materials that gave him good results from his planting.
Con el préstamo anterior, Isidro realizo la milpa, de la cual obtuvo una buena producción, en esa ocasión se compro los materiales que le dieron buenos resultados al cultivo.
Previous Loan DetailsIsidro is a single man who lives with her parents and other family. He has been working with his father on the farm for 10 years, planting corn and beans and raising cattle. He has always supported his father and they work together every day. He is asking for a loan to buy four calves to raise... More from Isidro Yobani'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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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- May 29, 2012
- Jun 18, 2012
- Currency Exchange Loss:
- Dec 15, 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.