Update on CruzCruz wants to continue cultivating corn and squash, as well as preparing the land. For this reason he is asking for a new loan in order to purchase fertilizer, seed, corn, herbicides, and to prepare the land. This will help him be assured of a better harvest.
With the previous loan he was able to plant two acres of land, but the drought affected him and his crops were not very good. His family maintains the same number of members. His hope is to continue cultivating with irrigation in order to recuperate the loss from his previous crop. This time he wants not only to recover his loss but also to make money for his family.
Con el préstamo anterior logro realizar la siembra en dos manzanas de terreno, pero le afecto una escases de agua para que su cosecha no fuera buena, en su familia se ha mantenido el número de miembros, su deseo es seguir cultivando con regadillo para recuperarse de la perdida que le genero el cultivo anterior, además esta vez quiere realizar ganancias para su familia.
Previous Loan DetailsCruz is requesting a new loan to continue farming corn. This time he will increase the land size by approximately 1.68 acres. He will also buy a larger quantity of fertilizer, improved seeds, herbicides and land preparation. He is hoping to increase production this season. He had a positive effect… More from Cruz'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