Check out some available loans that are similar to this one!
Margarito
46-year old Margarito G. and his wife have six children between the ages of 9 and 20. His wife takes care of the home. Margarito has a piece of land where he grows maize. He plants the crop and takes care of it right up until harvest time. Afterwards he sells the maize to various customers.

Margarito and his family live in Ahuachapán department, the same area where he has his fields. Although he gets well paid for his crop, it is very hard work especially during the rainy season when the plants are often affected.

Margarito is seeking a loan so that he can buy a larger quantity of maize to plant. He also wants to buy beans so that he has something else to sell, and wholesale fertilizer to provide his fields with the care they need. This venture is very important to him as it is the only means he has of supporting his family. He has more than 30 years of experience in this work so his customers trust him and his product.
View original language description ↓
Margarito G. de 46 años de edad, vive junto a su esposa, la cual se dedica a los quehaceres del hogar, así mismo vive junto a sus 6 hijos, cuyas edades oscilan entre los 9 y los 20 años de edad. Margarito posee un cultivo de maíz en el cual se encarga de plantar y cuidar durante todo el tiempo necesario hasta el momento indicado en el cual pueda obtener la cosecha de este, la cual posteriormente se encarga de comercializar con diferentes clientes. Margarito reside junto a su familia en el departamento de Ahuachapán, lugar en el cual también se encuentra su cultivo, ha pesar que el trabajo que él realiza es muy bien remunerado, es un trabajo bastante duro, así mismo necesita de mucho cuido sobretodo en la temporada de lluvia la cual puede afectar en muchas ocasiones las matas de maíz. Margarito solicita un préstamo con el deseo de poder comprar mayor cantidad de maíz para sembrar en mayores cantidades, así mismo poder comprar frijoles, de forma que tenga un producto más que ofrecer, y abono por mayor para el cuido necesario para las plantaciones. Este negocio es de mucha importancia para él, debido a que es la única fuente de ingresos con la que cuenta para sostener a toda su familia. Más de 30 años de experiencia son el mayor respaldo de Margarito, ya que esto le permite contar con la confianza de sus clientes y la agilidad en su trabajo.

Additional Information

About Apoyo Integral

Apoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.

Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.

About El Salvador

  • $4,900
    Average annual income
  • 645
    View loans »
    El Salvador Loans Fundraising
  • $25,043,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Margarito to buy corn and beans to sow.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2010
Listed
Jun 30, 2010
Currency Exchange Loss:
N/A
Ended:
May 20, 2011