Update on Fidel AntonioFidel is beginning his cultivation of corn, for which he will need to buy himself agricultural inputs that allow him to grow corn and pipián (seasonal squash). These will include fertilizers, herbicides, and seeds that will permit him to begin his agricultural work.
The loan before allowed him to improve his harvests and obtain a good yield that will permit him to sell his products and generate income for his family, while establishing himself as a farmer.
Él préstamo anterior logró mejorar cosechas pues obtuvo una buena producción que le permitió comercializar y generar para su familia ingresos, estabilizando su condición como agricultor.
Previous Loan DetailsFidel plants pipian [a squash] and corn. He lives with his wife and 2 children. He has worked in agriculture for 10 years and learned the trade at home from his father. This currently serves as his family's livelihood. He asks for a loan to buy compost for his pipian and squash plantations,… More from Fidel 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.
About El Salvador
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Success!! The loan was 100% repaid