Mariano De Jesus
Update on Mariano De JesusMariano has had positive results from using the loans. His harvest is of good quality, and he has more income, with which he covers the basic needs of his family and payed off his past debt.
At this time, he will invest the capital that he is applying for in the purchase of herbicides, pesticides, compost, and seeds, with which he will prepare the land and protect his crop from pests.
En esta oportunidad el capital que solicita lo invertirá en la compra de herbicidas, plaguicidas, abono y semilla, con ello preparara la tierra y protegerá el cultivo de plagas.
Previous Loan DetailsMariano is requesting a new loan to continue investing in his farming. It will allow him to purchase fertilizer, herbicide, pesticide, insecticide, and do all of the necessary things to prepare the land for planting. His last loan helped him increase production and earn more income. His fina... More from Mariano 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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