Update on Cristino AparicioCristino is in need of a new loan because he needs more capital for work. This will allow him to buy the necessary agricultural supplies like manure, pest-control substances, herbicides, pesticides, insecticides, among others. This investment will help him improve his production and grow his yield, and in turn, his sales.
The circumstances of his family and his economic conditions have already improved.
Las circunstancias familiares y las condiciones economicas han mejorado.
Previous Loan DetailsCristino is requesting another loan because he needs to invest in the crops that he is about to sew. He will buy seeds, manure, fertilizer, and herbicides among other items that will be necessary to protect and help the development of his crops. He comments that the loans have helped him to improve… More from Cristino Aparicio'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