Gertrudis De Jesus
Update on Gertrudis De JesusGertrudis has opted for another loan to finish planting millet and harvesting tobacco, beans, and corn. She will invest in labor costs and paying for manure to treat her different crops and guarantee a good harvest.
With the last loan Gertrudis was able to buy supplies she needed to prepare the land for cultivation and improve her production. She increased the size of her crops, her income grew, and she was able to pay off her debts.
Con el crédito anterior Gertrudis pudo comprar los insumos necesarios para preparar el terreno donde cultiva, mejoro su producción, ha aumentado su área de cultivo, sus ingresos han mejorado y ha podido cancelar sus deudas.
Previous Loan DetailsGertrudis needs another loan in order to continue planting of basic grains and to prepare the land. The loan will allow her to purchase fertilizer, herbicides, insecticides, and other items. Her previous loan helped her to harvest her last crop and with it bring in greater income. Her economic… More from Gertrudis De Jesus'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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