Juan De Dios
Update on Juan De DiosJuan needs to invest in his new agricultural crop. This is why he is asking for a new loan for the purchase of goods like fertilizer, insecticides, and pesticides. In this way, he can improve the production of his crops and at the same time make sure that he can feed his family.
He tells us that his last loan helped him grow and have everything he needed to work. His family's living conditions have improved.
El nos comenta que el préstamo anterior le permitió crecer y tener todo lo necesario para trabajar, las condiciones en su familia han mejorado.
Previous Loan DetailsJuan lives with his wife and three children. He is a farmer, and learned this as a boy. Later he started planting his own crops. He works on rented land and has no set schedule. He is asking for a loan to buy farming materials such as fertilizer and herbicides for his corn crop on two lots o... More from Juan De Dios'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
708View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Sep 21, 2012
- Oct 21, 2012
- Currency Exchange Loss:
- Feb 20, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.