Update on Juan AlbertoJuan is 44 years old, native of El Quebracho district of Miraflor, in the Estelí department. He is single, with a limited academic background, and works as a farmer sowing beans, potatoes and cabbage. Juan is very grateful for the help given and it forms part of his growth as a farmer. He used his previous loan to sow ½ a manzana of potatoes (approximately 1 acre), which covered his production costs such as buying supplies so as to better tend to his vegetables and obtain a better harvest from his crop.
Juan needs this loan to buy supplies such as compost, fertilizers and to pay for labor for this year's harvest given that his aspiration is to offer a good quality product that can be sold at a good price to therein obtain a better income. He hopes to benefit from the support of other loans to continue operating in his business as his next objectives are to increase the number of areas sown with potatoes and to buy machines such as an irrigation pump to prepare the land.
Previous Loan DetailsJuan Alberto S. is a 41 year-old farmer who is a native of the El Quebracho district of Miraflor, in the department of Esteli. He is single and has 5 children. He tells us that he started out working in agriculture with his father when he was only 5 years old. He left school in the 4th grade... More from Juan Alberto'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