Update on Claudia YeseniaClaudia is requesting a new loan as she needs to keep on investing in her basic grains crops; this will help her to buy farming supplies such as manure, weed-killers, insecticides, pest-control substances and pesticides among other items.
Her previous loan has helped her increase her income, which she is currently investing in making improvements to her house; her economic situation has progressed, as her earnings have increased and her family conditions have improved.
El crédito anterior le ayudo a aumentar sus ingresos y los está invirtiendo en mejoras de la vivienda; las condiciones económicas han mejorado, ya que los ingresos han aumentado y las circunstancias familiares se han optimizado.
Previous Loan DetailsClaudia needs money to invest in growing corn, to buy four sacks of fertilizer and to pay for labor. She wants to be able to plant again, and hopes to have a good harvest. The previous loan had a positive effect. She increased the capacity of her plot of land, and had no problem doing her wo... More from Claudia Yesenia'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