Update on RufinoRufino needs a new loan to plant a new crop of corn and beans. With this loan he will pay the rent for his land and have the certainty of having a secure place to work.
He had a positive experience with his previous loan. It helped him buy fertilizer, weed-killer, and everything else necessary to cultivate corn and beans. With this he will improve his family circumstances.
El tuvo un efecto positivo con el préstamo anterior, le ayudo a comprarse el abono, herbicidas y todo lo más necesario para el cultivo de maíz y frijol, con esto estará teniendo una mejor condición en la familia.
Previous Loan DetailsRufino is single and lives with his parents and a niece. He works growing corn and beans, but he is also employed by a renowned motorcycle company. Normally, he always farms during the winter months. He is now beginning the farming process, which is why he is requesting a loan to buy manure... More from Rufino'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.
About El Salvador
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