Update on Julio AntonioJulio is asking for a loan to continue planting corn and beans; he will also plant a parcel of tomatoes and chilies. This will help him expand his crops. He will buy manure, herbicide, chili and tomato seeds, irrigation supplies and other materials that are useful to plant basic grains and greens. He states that the previous loan allowed him to have a good harvest and he was also able to cover some household needs; everyone in the family continues well.
El manifiesta que con el préstamo anterior logro mantener una buena siembra, además cubrió algunas necesidades del hogar, en su familia todos se mantienen.
Previous Loan DetailsJulio is a farmer and lives with his wife and two children. He is the only bread winner for the family and learned his trade from his father. He grows corn, beans and vegetables and works from 6:00 a.m. to 2:00 p.m. attending to his agricultural work. He is requesting a loan to buy fertilizer… More from Julio 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
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jun 8, 2012
- Jun 28, 2012
- Currency Exchange Loss:
- Mar 13, 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.