Update on EmilioEmilio, 59, lives with his wife in a rural zone in Oyotún whose population works in agriculture and selling small animals. It’s located two hours from the city of Chiclayo.
They are a unified family. Emilio works raising and selling animals and has more than 15 years’ business experience. He’s asked Edpyme Alternativa for a 1,000 new sol loan to buy small animals to subsequently sell to his customers in zones adjacent to his community.
Son una familia unida, Emilio se dedica a la crianza y comercialización de animales, con más de 15 años de experiencia en el negocio y ha solicitado un préstamo a Edpyme Alternativa de 1 000 nuevos soles para comprar animales pequeños para luego ofrecerlos a sus clientes de las zonas aledañas de su comunidad.
Previous Loan DetailsEmilio is 46 years old. He lives in his own home with his wife and their young children. They live in the area Pan de Azúcar in the district of Oyotún, which is 2 hours from the city of Chiclayo. He has some agricultural land in the area he lives in. There, he harvests rice two times a year, ... More from Emilio's previous loan »
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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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