Update on MarcialMarcial works in agriculture; he’s from Jinotega north of Estelí. He grows greens and basic grains. He started gaining experience while still very young. For him, the loans he’s gotten have been of great benefit for his business in that they have helped him produce good crop yields and above all they arrive when he most needs them to.
He’s asking for a loan to buy manure, fertilizer and gasoline for his irrigation pump and to pay labor costs to plant one manzana [Central American unit of land measurement] of tomatoes. He hopes to produce an excellent, high quality harvest like his previous ones and to sell all his production to repay the loan and to buy his own land so that he can stop leasing land.
Él está solicitando un crédito para comprar abono, fertilizantes, gasolina para motor de riego, pagar mano de obra para sembrar 1 manzana de tomates. Espera sacar una excelente producción y calidad al igual que las anteriores, vender todos sus cultivos, pagar el crédito y lograr comprar su propio terreno de siembra para dejar de alquilar la tierra.
Previous Loan DetailsDon Marcial is 35 years old, lives in the city of Jinotega, and is the father of two children. He is a farmer who grows basic grains. Most of his childhood was spent in the fields since he only completed his education through the second grade. He decided to work with his father in order to eat.… More from Marcial'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