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Update on Lucio

Lucio has decided to apply for a new loan, as he wishes to buy two heifers and concentrated feed. This purchase will help him to add to the cattle on his land, expanding and improving his livestock.

He considers that the previous loan helped him improve, by enabling him to have more work opportunities.
View original language description ↓
Lucio, se ha decidido por un nuevo crédito, ya que quiere comprarse dos vaquillas y concentrado para alimentarlas, esta compra le ayudara a aumentar el ganado en su terreno, creciendo y mejorando su condición ganadera.
El considera que el préstamo anterior le ayudo para mejorar, teniendo más oportunidades de trabajo.

Previous Loan Details

Lucio is married and lives with his wife and six children, among whom are twins. Their ages are 21, 18, 18, 17, 15 and 12 years. He works with livestock and has dedicated many years to this business since his father was also a cattle farmer. Thus he grew up helping his father and learning the wor... More from Lucio'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
  • 656
    View loans »
    El Salvador Loans Fundraising
  • $28,178,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Lucio to buy two heifers and concentrated feed.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 28, 2012
Feb 13, 2012
Currency Exchange Loss:
Mar 29, 2013
This photo was used before for a previous loan for Lucio. It was first posted on Kiva on May, 2011. Learn More