Maria Del Carmen
Update on Maria Del CarmenMaría needs more working capital for her corn and bean crops. That is why she is requesting a new loan to buy natural fertilizer and herbicides to improve the production of her corn and bean crops. This way she will be able to increase her income for her household.
She says that the last loan helped her to buy supplies and to rent the land that she cultivates. This way she was able to help feed her family.
Con el préstamo anterior manifiesta que le ayudo en la compra de insumos y alquiler de la tierra donde realiza su cultivo y a si pudo ayudar a su familia con su alimentación.
Previous Loan DetailsMaría is married and lives with her husband and her two children aged 12 and 14. She is a housewife and raises pigs. Together with her children and husband, she also grows corn and beans. They work together every day of the week. Her husband works from 6.00am to 3.00pm. María is requestin... More from Maria Del Carmen'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