Update on AntonioAntonio is an existing client. He is 67 years old, married, and has one child in his care. He lives in his own home together with his wife and child. Antonio is a farmer. He has 6.09 hectares of farmland. He is growing Kent mangoes on 3 hectares of his land. On another 2 hectares he grows corn and beans. In addition to this, he also raises animals which he sells in the local market once they reach an ideal size and weight. Antonio has 25 years experience in farming and livestock raising. He will use this loan to buy fertilizers for his mango crops. This is his second loan from Edpyme Alternativa and it will be used for similar purposes to his last one which was very successful.
Previous Loan DetailsAntonio, 66, is married and has one child in his care. He lives in his own house located in the hamlet of Guaraguaos Alto in Tambogrande District in Piura in northern Perú. Antonio lives in the rural part of this district and does not have basic utilities. Antonio is a farmer. He has 6.09 h... More from Antonio'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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Success!! The loan was 100% repaid
- Repayment Term
- 12 months (Additional Information)
- Repayment Schedule
- At end of term
- May 17, 2012
- Jun 20, 2012
- Currency Exchange Loss:
- Mar 20, 2013
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.