Update on Manuel AparicioManuel needs money in order to grow basic grains. That's why he requests a new loan so that he can purchase supplies such as compost and herbicides, as well as pay for the labor. Those are the things he needs in order to do his work.
He believes that with the previous loan, the level of production in his crop went well. This helped him to sell and to afford other household necessities with his profits. By using his Kiva loan he has improved his stance as a family man and also as a farmer. He currently enjoys very good health and maintains the same number of family members.
Con el préstamo anterior él considera que la producción en el cultivo estuvo bien, esto le sirvió para vender y de sus ganancias cubrir otras necesidades en el hogar, con la inversión del crédito Kiva, ha mejorado su condición en la familia y tambien como agricultor, se encuentra muy bien de salud y mantiene su número familiar.
Previous Loan DetailsManuel lives with his wife. He has five grown children who live on their own. He is 48 years old and works as a farmer, planting corn. He has done this activity since he was very young, when he still lived with his parents, since they were farmers and they taught him this work. He is asking f... More from Manuel Aparicio'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
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jan 16, 2013
- Jan 28, 2013
- Currency Exchange Loss:
- Feb 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.