Update on DaniloDanilo, a simple farmer who grows coffee, is grateful for the opportunity that the Kiva loan offered him. It was a great help, as it came when he most needed it. It allowed him to invest in his crops, in order to maintain his coffee and pay for labor.
He requires this loan to continue investing in his crop by paying for labor and buying agricultural supplies for growing coffee. He wishes to increase his coffee production in order to generate better earnings, and so that he can succeed in attaining a better quality of life.
Previous Loan DetailsDanilo, 42, is from the community of El Consuelo located in the town of Pueblo Nuevo, Estelí municipality. He’s single and his occupation is coffee farming. He started working at the age of 11; he learned how to pick and store the coffee helping his father do these tasks. He would work before… More from Danilo'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