Update on Synia YaniraSynia knows that in order to take advantage of the planting season it’s necessary to have everything ready on time to avoid any difficulty. This is why she’s opted for another loan that will make buying agricultural supplies (insecticide, herbicide and manure) easier. Previously, she invested in the same economic activity earning enough income to repay the loan and to improve her economy. Synia’s giving her family better living conditions; they are all in good health and her immediate family is the same.
Synia está dándole a su familia mejores condiciones de vida, todos están bien de salud y se mantiene el mismo grupo familiar.
Previous Loan DetailsSynia needs money to invest in basic grain production. She will buy 6 bags of fertilizer, herbicide and foliage in order to improve productivity in the production of beans and maize. It will be a good investment to ensure her agricultural work has a successful outcome. She believes the previo... More from Synia Yanira'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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