Update on Maria CristinaMaría is requesting a new loan in order to sow a field of corn. It's already the season to start preparing the land, and for this she will need to buy fertilizer, pesticides, and other supplies necessary to ready the land and apply while sowing. This will help María prevent plagues and strengthen the crop.
María benefited from her previous loan; she improved her farming conditions, increased production, and the crops were healthy. With these loans there are more opportunities for growth. She has always been a tailor, but has also developed an farming business as a second option for income.
Ella tuvo un efecto positivo con el préstamo anterior, mejoro su condición del cultivo, aumentando la producción y esta producción fue sana, con estos préstamos hay más oportunidades de crecimiento, ella siempre sigue dedicada a la sastreria, pero desarrolla la agricultura como una segunda opcion para obtener ingresos.
Previous Loan DetailsMaría lives with her 12-year-old son and her husband. They own their house. María learned tailoring 13 years ago. The business arose from her own initiative and to date she’s gained experience in it. She needs to buy raw materials which are fabric in various colors and brands, different siz... More from Maria Cristina'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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