Update on Wilian AlexanderWilian has decided to request a new loan because he needs more working capital to increase his production and boost his earnings. This will allow him to repair the hen house for his chickens.
His previous loan helped him to keep working and make money to pay household expenses. His economic circumstances and family situation have remained stable.
El crédito anterior le ayudo a mantener el trabajo y obtuvo ingresos para los gastos familiares; las condiciones económicas y las circunstancias familiares se mantienen.
Previous Loan DetailsWilian is asking for a loan to maintain his business, since it is his source of income. He is asking for this loan to buy one day old chicks and concentrated feed to give to them. This will help him to make his farm better. He says that with his prior loan, he had a very good experience. He... More from Wilian Alexander'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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