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Buenerge

Update on Buenerge

Buenerge is requesting a new loan because he needs to pay for land that he rents on which he grows corn and beans. This will help him have security in his agricultural work.

He expressed that it was a great help to have his previous loan because he was able to buy the necessary supplies to grow corn and beans, helping him provide his family with food and his children with an education.
View original language description ↓
Buenerge está solicitando un nuevo préstamo ya que necesita realizar el pago del alquiler del terreno en el cual cultivara maíz y frijol esto le ayudara a tener seguridad en su trabajo agrícola.
El manifiesto haber tenido una gran ayuda con el préstamo anterior porque logro comprar los insumos necesarios para el cultivo de maíz y frijol ayudándole a proveer a su familia estos alimentos y a sus hijos en sus estudios.

Previous Loan Details

Buenerge is a gentleman who works growing corn and beans. He is 56 years old and lives in San Rafael Oriente, in San Miguel department, together with his wife and three children aged 22, 20 and 16. He has been farming for 35 years and works every day of the week. He works longer during the sow... More from Buenerge'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
  • 449
    View loans »
    El Salvador Loans Fundraising
  • $23,269,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Buenerge to pay for rented land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 9, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 19, 2013
This photo was used before for a previous loan for Buenerge. It was first posted on Kiva on Apr, 2011. Learn More