Erlinda Del Carmen
Update on Erlinda Del CarmenErlinda decided to take another loan for the harvest of basic grains. She will pay for a threshing machine and labor in order to perform the job. With this, she will be able to have corn prepared to feed her family and to sell.
With the previous loan, she comments, that she increased production which gave her more opportunity to care for her family. Thanks to the Kiva loan, she has improved her conditions and [provided] a better life for her family by relying on work.
Con el préstamo anterior comenta que incremento la producción, esto le ha dado más oportunidad para el cuido en su familia, gracias al crédito de Kiva ha mejorado sus condiciones y una vida mejor para su familia, contando con trabajo.
Previous Loan DetailsErlinda lives with her husband and has two children, who are four and two years old. She works alongside her husband in farming, which allows them to have the food they need to survive with their children. They plant corn, beans, and sesame. She learned the planting process when she was a little… More from Erlinda Del Carmen'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