Mariano De Jesus
Update on Mariano De JesusMariano is requesting a new loan to continue investing in his farming. It will allow him to purchase fertilizer, herbicide, pesticide, insecticide, and do all of the necessary things to prepare the land for planting.
His last loan helped him increase production and earn more income. His financial situation and his family circumstances have improved.
El crédito anterior le ayudo a incrementar la producción, obtener mayores ingresos; las condiciones económicas y las circunstancias familiares han mejorado.
Previous Loan DetailsMariano, age 44, devotes himself to growing basic grains and livestock. He is married and has two children, ages seven and five. The children go to school. Mariano is devoted to livestock and basic grains because he learned this from his parents. He does the plowing work with oxen on his… More from Mariano De Jesus'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