Maribel De Los Angeles
Update on Maribel De Los AngelesMaribel decided in favor of a new loan, because she believes the investment will allow her to expand her crop. She will buy zucchini seeds and leaf fertilizers, and will pay for the labor to prepare the land so that she can maintain irrigated crops.
With the last loan, she had good output with an acceptable harvest. She is excited to continue farming. Her family situation has changed, and little by little she will improve her family's quality of life.
Con el préstamo anterior tuvo una buena producción, con una cosecha aceptable, está emocionada de seguir cultivando, ha cambiado sus circunstancias familiares, ira poco a poco mejorando la calidad de vida de su familia.
Previous Loan DetailsDue to the need to start a new planting of vegetables and corn, Maribel has approached the institution to apply for a new loan. With it she will buy manure, foliar fertilizers and herbicides, which she needs so that she can start her farming work. This new loan will help her carry out the work… More from Maribel De Los Angeles'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