Update on FlorentinFlorentin continues to cultivate corn and beans, and for this purpose he is once again requesting a loan to help purchase manure and herbicides for his crops. This will provide what he needs to improve and fortify production. And in this way, he will be able to offer his customers a better grain.
Thanks to his previous loan, Florentin was able to buy different agricultural inputs for sowing corn and beans. He continues to cultivate his crops and improve his earnings so that he can sustain and feed his family.
El gracias al préstamo anterior pudo comprar diferentes insumos agrícolas para la siembra del maíz y del frijol, el sigue con su cultivo y mejorando en las ganancias para ir sustentando la alimentación de su familia.
Previous Loan DetailsFlorentín resides in San Rafael Oriente in the Department of San Miguel. He lives with his wife and two children, ages 21 and 23.
Florentín is a farmer who grows corn and beans. He has been working for 25 years and learned this trade from his father. Florentín works every day in his… More from Florentin'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
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Sep 24, 2012
- Oct 22, 2012
- Currency Exchange Loss:
- Oct 17, 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.