Update on Maria JuanaMaría has met with a need to opt for a new loan, because for a long time the loans have helped her to farm and she says that it is a resource to work with and increase her earnings. This investment will allow her to buy agricultural supplies such as fertilizer, herbicides, pesticides, insecticides, and maintenance for cattle and poultry.
The client says that it had a significant effect, because she has kept a stable and profitable business that generates a good income for her. It is because of this that her economic conditions and family circumstances have improved.
Comenta el cliente que tuvo un efecto muy significativo, ya que ha mantenido un negocio estable y rentable que le genero ingresos económicos, es por ello que las condiciones económicas y las circunstancias familiares han mejorado.
Previous Loan DetailsMaría is requesting another loan to strengthen her pig and cattle business. She is buying six medium-sized pigs to raise. She also will buy feed for these pigs and for the cattle. With this she will have everything she needs to continue with her farm. The effect of the previous loan was pos... More from Maria Juana'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