Update on Roberto ManuelManuel, 30, lives with his wife and children in the district of Buenos Aires. It is a community with a warm climate where the local people work in agriculture, commerce and livestock farming. It is located in the province of Morropon which belongs to the Piura Region along the northern coast of Peru.
Manuel provides a public transportation service with his own mototaxi and carries passengers to the neighboring rural communities in the district. He is requesting a loan in the amount of 1,500 PEN to buy spare parts and a top for his mototaxi so he can provide better customer service.
El brinda servicio de transporte público en su propia mototaxi, trasladado a sus pasajeros a los caseríos aledaños a su distrito, ha solicitado un préstamo de 1 500 nuevo soles para la compra de repuestos y una carpa para su mototaxi y de esta manera brindar un mejor servicio a sus clientes.
Previous Loan DetailsManuel is 29 years old. He lives with his parents in La Toma, a rural area of Buenos Aires in Morropon province, which is located in the Piura region on the north coast of Peru. He raises and sells cattle, and also provides transportation services to neighboring communities. Manuel has requested… More from Roberto Manuel'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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