Update on ConcepcionConcepción needs to invest more in the cultivation of corn and beans, and that's why he is requesting a loan to buy fertilizer and herbicides, to apply them to the cultivation of corn and beans and therefore have a better crop, preventing pests.
Concepción says he bought fertilizer for the cultivation of his first crop with his previous loan. With it, he ensured to feed her family. He continues with the cultivation and hopes to keep improving.
Concepción, manifiesta que con el préstamo anterior compro fertilizantes para el cultivo de la primera cosecha y así garantizó la alimentación de su familia, él sigue con su cultivo y espera seguir mejorando.
Previous Loan DetailsConcepción lives in San Rafael Oriente, San Miguel Department. He’s a farmer living with his wife and 6-year-old son. He’s worked in farming for the last ten years every day from 6am until 3pm. He needs a loan to buy manure and fertilizer. With the loan he will be sure to have all the nec... More from Concepcion'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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