Update on Ana DaisyAna wants to request a loan that will help her with her pig farm acquiring piglets to fatten up and get ready for sale; this infusion will once again improve her capacity. She considers that the previous loan made it possible for her to do the planting, to improve and expand the farm and her economic conditions are better since she now has more income and is living better than she was before.
Ella considera que el préstamo anterior le permitió realizar el cultivo, mejorar y ampliar la granja, sus condiciones económicas son mejores, teniendo más ingresos y viviendo mejor que antes.
Previous Loan DetailsAna is requesting a new loan because it's the beginning of the winter sowing season. She currently wants to prepare the land and for that she will need money. She will invest it in the purchase of fertilizer, insecticide and pesticide, which will allow her to protect the crop from pests. She… More from Ana Daisy'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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