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Update on Luis

Luis needs to invest money buying 2 oxen and agriculture supplies such as fertilizer and herbicides to care for his crops.

This will help him to increase his livestock and to begin planting corn.

The previous loans helped him improve the results he had with his harvest, and the quality of life of his family has changed.
View original language description ↓
Luis, por el buen servicio y porque necesita invertir dinero, comprando dos bueyes y los insumos agrícolas como abono y herbicidas, esto le ayudara para aumentar su ganado y para iniciar el cultivo de maíz. Los préstamos anteriores le ayudaron para mejorar los resultados en las cosechas, sus condiciones han cambiado en la familia.

Previous Loan Details

Luis lives with his family, which is his wife and two children, aged 26 and 23 years old. He has been a farmer for 35 years. He learned when he was very young at his father's side. He has no set schedule, and at this time he will begin planting corn. This loan will help him acquire seed, fe... More from Luis'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

  • $7,500
    Average annual income
  • 695
    View loans »
    El Salvador Loans Fundraising
  • $28,234,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Luis to buy two oxen, fertilizer and herbicides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 17, 2011
Dec 12, 2011
Currency Exchange Loss:
Jan 24, 2013
This photo was used before for a previous loan for Luis. It was first posted on Kiva on Jun, 2011. Learn More