Update on Fernando AntonioFernando continues working at his business of fattening chickens. This is why he comes to request a new loan. He will use the new loan to buy concentrated feed wholesale in order to feed the chickens.
He managed to have a positive experience with the previous loan. His income has increased with the sale of the chickens. With this he has managed to support his family and cover the most important necessities like food and education for his children.
Con el préstamo anterior logro tener una experiencia positiva, sus ingresos han aumentado con las ventas de los pollos, con esto ha logrado subsistir con su familia cubriendo las necesidades más importantes, como lo es la alimentación y el estudio de sus hijos.
Previous Loan DetailsFernando lives with his wife and two children. He manages a farm where he raises chickens for fattening. His business involves buying young chickens and then fattening them for sale. Fernando has 15 years of experience and works at his business full-time.
At the moment, he is requesting ... More from Fernando 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.
About El Salvador
532View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 17 months (Additional Information)
- Repayment Schedule
- Jan 22, 2013
- Jan 30, 2013
- Currency Exchange Loss:
- Nov 17, 2013
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.