Update on Jarvin RamonJarvin, resident of the city of Jamali, Esteli, works in agriculture planting vegetables and basic grains. He has 3 children. He has been working in farming for 16 years. He tells us that the help he has already received in the form of previous loans has been crucial for him to make his harvests on time and to ensure he is able to maintain his fields, as this requires significant capital which he does not have. He is about to begin planting tomatoes, and as a result is requesting this loan in order to be able to buy seeds and pay for the labor costs it will require. He hopes to produce a good harvest in order to begin planting new varieties of vegetables afterwards.
Previous Loan DetailsJarvin Ramon U. lives in Comarca Jamali in Palacaguina. He is 36 years old, married, and the father of 3 children. For the lack of resources he only went to school until second grade. Since he was 16 years old he helped his parents work in the plantations but he also has some experience in… More from Jarvin Ramon'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