Update on Rubia CarolinaRubia needs to purchase agricultural supplies for her cultivation of basic grains and for this reason she is applying for a new loan to purchase six sacks of fertilizer and pay for labor, this will help her to continue to cultivate in good conditions, giving her the income she needs to strengthen the plantation. She comments that with previous loan she was able to increase production of basic grains, also there is now new member of the family and she finds herself in a better economic situation thanks to the previous loan she already received.
Ella comenta que con el préstamo anterior pudo aumentar la producción de granos básicos, ademas que ahora existe un nuevo miembro en la familia y se encuentran mejor económicamente gracias al crédito anteriormente recibido.
Previous Loan DetailsRubia is from El Transito, San Miguel. She makes a living by farming chilies and pepitas (pumpkin seeds). Rubia is 48 years old, married, and has three children age 30, 28 and 20. She has been farming since she was quite young. Rubia has asked for a loan so that she can buy manure and fertilizer.… More from Rubia Carolina'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