Update on Julio CesarJulio is requesting a loan because he needs to plant a new crop. He is in need of supplies such as compost, herbicides, and insecticides so that his work is not done in vain and results in a fruitful harvest. Like any farmer, Julio wants to achieve good results.
With his previous loan, Julio says he was able to buy compost, herbicides, as well as pay the rent on his farmland. He planted corn and beans and paid off his loan using the profits from selling part of his harvest.
Con el préstamo anterior comenta que le sirvió para pagar el abono, herbicias, el alquiler del terreno, realizar la siembra de maíz y frijol, y cancelo de las ganancias que le quedo al vender parte de la cosecha.
Previous Loan DetailsJulio lives in San Rafael Oriente, in the region of Morazán. He plants corn and beans. He lives with his wife and two children who are 7 and 5 years old. Julio learned how to plant corn and beans from his father. He works every day from 6:00am to 4:00pm. He is asking for the loan to buy manure and… More from Julio Cesar'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