Maribel De Los Angeles
Update on Maribel De Los AngelesDue to the need to start a new planting of vegetables and corn, Maribel has approached the institution to apply for a new loan. With it she will buy manure, foliar fertilizers and herbicides, which she needs so that she can start her farming work. This new loan will help her carry out the work through which she has managed to survive.
She says that thanks to the Kiva loan, she has been able to to stay in farming and carry out good plantings, from which she has obtained good sales results. She had some small delays, but did complete the sale of the harvest.
Ella manifiesta que gracias al crédito KIVA, se ha podido mantener en agricultura realizando buenas siembras de la que obtuvo un buen resultado en la venta, tuvo unos pequeños retrasos pero realizó toda la venta de la cosecha.
Previous Loan DetailsMaribel grows vegetables such as: chiles, cucumbers, squash, and tomatoes to support her children.. She and her two daughters, 10 and 7, live with her parents, who taught her this business. Maribel is requesting the loan to buy supplies such as manure, fertilizers and seeds. This financing… More from Maribel De Los Angeles'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