Update on Ronald AntonioRonald would like to invest in more cattle. He's seeking a loan that will allow him to buy calves and feed concentrate for his dairy, so he can continue to grow his herd.
The prior loan had a positive impact and helped him improve the herd. His family's situation is much better, although its size has not increased.
Con el préstamo anterior tuvo un efecto positivo, le ayudo a mejorar su ganado, su situación en la familia es mucho mejor, aunque el número de miembros no ha aumentado.
Previous Loan DetailsRonald is a livestock breeder. He is 34 years old, he is married, he has two children aged 6 and 12 and he lives in his own house together with his family. He has been engaged in livestock breeding and in planting maize for 10 years, activities he has learned from his father. He is currently… More from Ronald Antonio'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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