Update on Josue AbinadabJosué feels satisfied with the results of his last loan as he increased his productivity, his sales and his profits. He paid off his debts and has improved the family's lifestyle. Josué has decided to get another loan to invest in the purchase of manure, insecticides, seeds and fertilizer to prepare for seeding and to protect his crops from infestations.
Josué opta por un nuevo crédito para invertirlo en la compra de abono, insecticidas, fertilizantes y semilla, para preparar la siembra y protegerla de plagas.
Previous Loan DetailsJosué is requesting a new loan so he can continue work on his corn crop. He will buy eight sacks of compost and one bag of herbicides. These materials permit him to prevent the development of infestations and weeds, increasing his production capacity. He hopes that this new investment will benefit… More from Josue Abinadab'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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About El Salvador
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This loan has been fully funded!