Update on Maximiliano GuillermoMaximiliano invested his previous loan well, purchasing the basic materials for cultivating corn. His productivity was greater, he was able to sell more, he improved his income, and he gave his family better food, clothing, and healthcare.
To maintain his progress, he decided upon a new loan. It is for the purchase of fertilizer, insecticide, seed, herbicide, and pesticide, in order to make all the necessary preparations for his next planting. He hopes to have good results.
Para mantener constante su progreso se decidió por un nuevo préstamo para comprar abono, insecticidas, semilla, herbicidas y plaguicidas, para preparar todo lo necesario para su próxima siembra, espera tener buenos resultados.
Previous Loan DetailsMaximiliano is again requesting a loan, so that he can buy agricultural supplies and pay for the rent on the parcels of land where he grows his crops. The previous loan helped him to have the supplies he needed to prepare the land for planting. In spite of the fact that production was not very... More from Maximiliano Guillermo'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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Success!! The loan was 100% repaid