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Rigoberto

Update on Rigoberto

Rigoberto needs another loan to buy necessary materials for his new planting. He will buy compost and fertilizers because he has an irrigated cornfield and he wants materials to strengthen his crop.

These loans have helped him and his family to make improvements.
View original language description ↓
Rigoberto, necesita un nuevo préstamo para comprar los materiales necesarios para su nueva siembra, comprara abono y fertilizantes, ya que tiene una milpa de riego por eso está interesado en los materiales para fortalecer la plantación.
Estos préstamos le han ayudado para mejorar junto a su familia.

Previous Loan Details

Rigoberto lives in El Transito in the department of San Miguel. He has a business raising and selling livestock and farming (corn and beans.) He lives with his wife and they have a 2 year-old daughter. He has been farming for 3 years from 6am until 3pm each day. On Tuesdays he sells livestock... More from Rigoberto'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
  • 718
    View loans »
    El Salvador Loans Fundraising
  • $26,152,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rigoberto to buy compost and fertilizers.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 11, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Rigoberto. It was first posted on Kiva on May, 2011. Learn More