Update on Milton DanielMilton Daniel is 40 years old. He lives with his wife and children in the Nueva Arica district. Its people work in agriculture, commerce, and livestock-raising. It is located in the province of Chiclayo, which belongs to the Lambayeque region on the northern coast of Peru.
Together with his wife, he has been raising and selling animals such as roosters, hens, and chickens for more than six years. Milton has applied for a loan of 2000 PEN to buy balanced feed to fatten his animals and offer them to his customers at a better price.
Junto a su esposa se dedica a la crianza y comercialización de animales, como gallos, gallinas, pollos, desde hace más de seis años, Milton ha solicitado un préstamo de 2 000 nuevos soles para la compra de alimentos balanceados para engorde de sus animales y ofrecerlos a un mejor precio a sus clientes.
Previous Loan DetailsMilton Daniel, 39, lives with his wife and children in Nueva Arica, a rural area of the city of Chiclayo on Peru's north coast, where the residents farm and raise livestock. He and his family raise and sell animals and are well-known in the area. Milton says this has been his trade for more than ... More from Milton Daniel'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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Success!! The loan was 100% repaid