Update on Carlos JavierCarlos wants to improve his corn plantation, so he must get hold of different supplies such as seeds, compost and herbicides, which are needed in order to give it enough strength to prevent plagues and flourish.
Carlos says that the previous loan helped him improve his production and his income and had a noticeable impact on his family.
Él manifiesta que con la utilización del crédito anterior mejoro su producción, sus ingresos por las ventas y en su familia un notable cambio.
Previous Loan DetailsCarlos works in agriculture. He’s single and lives with his sister. He learned while still very young to plant corn. He’s managed to sell his crops and earn income helping with household expenses this way. He’s requesting a loan to buy farm supplies because he’s starting to plant and needs to… More from Carlos Javier'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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