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Victoriano Candelario

Update on Victoriano Candelario

Victoriano decided to have another loan again because he wants to till the land and plant corn and beans. He will buy fertilizer, manure, seeds and herbicide so that his crops will be better this year. Previous loans helped him have a good bean harvest that produced high profits. This helped him to improve the economic problems he had and has helped his family with household expenses.
View original language description ↓
Victoriano, nuevamente se decidió a tener otro crédito, porque quiere cultivar la tierra y sembrar maíz y frijol, por eso comprara fertilizantes como: abono, semilla, herbicidas, con el propósito de que este año sean mejores las cosechas .los financiamientos anteriores le ayudo a tener una buena cosecha de frijol que le dio mucha ganancia, esto le ayudo a mejorar los problemas económicos que tenía y ha ayudado a su familia con los gastos de la casa.

Previous Loan Details

Victoriano lives in Usulután and grows corn and beans for a living. He owns a home and lives with his wife and 5-year-old daughter. He has been working the land, a skill he learned from his father, for 6 years. He is currently requesting this loan to pay rent for the farm land and to purchase bot... More from Victoriano Candelario's previous loan »

Additional Information

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

  • $4,900
    Average annual income
  • 694
    View loans »
    El Salvador Loans Fundraising
  • $24,290,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Victoriano Candelario to buy manure, seeds and herbicide.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 18, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012
This photo was used before for a previous loan for Victoriano Candelario. It was first posted on Kiva on May, 2011. Learn More