Update on EliasElías runs a business raising and selling cattle. He lives with his wife, and they have two children who are in high school. He works to be able to maintain his home, earning money in his business when he sells the cattle. He started this business when he was young, learning from his family while at the same time growing corn and bean crops. He currently has two cows, one bull, and two calves.
He is requesting a loan to buy two dairy cows so he can increase his milk production and make dairy products. This loan will be a big help since having more dairy cattle will enable him to improve his work.
His aspiration is that his two children will be professionals and finish their educations so they can get ahead. He also aspires to improve the condition of his cattle business and to have a plot of land where he can better raise his cattle.
Él solicita un préstamo para comprar ganado lechero dos vacas para poder aumentar la producción de leche y elaborar lácteos, Este préstamo será una gran ayuda ya que aumentará su número de ganado lechero con el que puede trabajar mejor.
Su aspiración es que sus dos hijos menores sean profesionales y culminan sus estudios, salgan adelante y pueda mejorar su condición, en su negocio de ganadería y tener un terreno donde poder criar mejor el ganado.
Previous Loan DetailsElías has decided to apply for a new loan, in order to buy feed for his cattle. This is because at this time of year the pastures are dry, so he has to resort to buying concentrated feed and chopped grasses, and pay for labor to transport the feed. He considers that the previous loan helped hi... More from Elias'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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