Update on Edilson VladimirEdilson needs to invest in his pig-farming business. This is why he has requested another loan, so that he can buy pigs which he will fatten and then sell.
Edilson says that his last loan had a very important impact, as it allowed him to buy more livestock, as well as to have all he needed to have better profits. His life has changed, and today he would like to invest in his pig-farming business. His financial conditions are very good, and his family’s life is now better than it ever was before.
Declara que el crédito anterior surgió efectos muy importantes, le permitió crecer en la ganaderia, tener todo lo necesario para tener mejores resultados en sus ganancias, la vida le ha cambiado, hoy dia quiere invertir en el negocio de los cerdos, las condiciones económicas son muy buenas, la familia vive mejor que antes.
Previous Loan DetailsEdilson lives with his family, his wife and son; this son is his only dependent. He raises cattle. He started out with help from his father. He does not have a fixed work schedule. He is currently asking for the loan to buy more meat producing cattle. This purchase will help him grow and exp... More from Edilson Vladimir'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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