Update on Carlos GilbelCarlos is requesting a new loan to begin his agricultural work. He plans to purchase materials like fertilizer and herbicides, which are very necessary to prevent plagues to his corn and bean crops. The previous loan helped him buy materials to apply to his crops, through which he achieved a good harvest that he was able to sell and feed his family, and he also purchased two plots of land.
El préstamo anterior le ayudo a Carlos a comprarse los materiales para aplicarlos al cultivo, del cual logro tener una buena cosecha, de la que ha logrado tener disponibilidad para vender y para alimento familiar, tambien se compro dos terneros.
Previous Loan DetailsCarlos lives in San Rafael Oriente in the San Miguel department. He is a farmer. He lives with his wife and their three children, ages 11, 9, and 5. He has been growing corn and beans for 12 years. He now needs a loan to buy natural and chemical fertilizers because he will be starting the w... More from Carlos Gilbel'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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