Check out some available loans that are similar to this one!
Serapio

Update on Serapio

Serapio is asking for a new loan to harvest his sugar cane and coffee crops. He will use the money from the loan to hire laborers to help him process his harvest and finish up with his crops.

He had a positive experience with his previous loan, which is demonstrated by the fact that he will be harvesting his crop. This shows that his effort is being repaid with the produce he will harvest, which will help his whole family.
View original language description ↓
Serapio, está solicitando un nuevo préstamo para la recolección de los cultivos de caña de azúcar y de café, con el dinero de este crédito pagara mozos para que le ayuden a procesar la cosecha y poder finalizar con el cultivo.
Él ha tenido una experiencia positiva con el préstamo anterior, y ejemplo de ello es que estará recolectando la cosecha, esto significa que su esfuerzo esta recompensado con los frutos que recolectara y serán de ayuda para toda su familia.

Previous Loan Details

Serapio lives with his wife, and two grandchildren who are 13 and 4. He has been farming for 40 years. He learned to grow beans, corn, sugar cane and pineapples. His work hours are 5.00am to 2.00pm. Serapio is requesting a loan to buy fertilizers. This will help him to strengthen his crops... More from Serapio'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
  • 842
    View loans »
    El Salvador Loans Fundraising
  • $25,702,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Serapio to pay laborers to harvest his crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2012
Listed
Feb 9, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012
This photo was used before for a previous loan for Serapio. It was first posted on Kiva on Jul, 2011. Learn More