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Andres

Update on Andres

Andrés wants to continue working with loans to strengthen his business. He wants to buy himself a young bull to increase the number of cattle he owns, taking advantage of the opportunity of the sale.

He considers that the previous loan helped him to buy a heifer. With this contribution he is growing as a rancher.
View original language description ↓
Andrés, quiere seguir trabajando con préstamos para el fortalecimiento del negocio, ya que quiere comprarse una novilla, para aumentar el número de ganado, aprovechando la oportunidad de la venta.
El considera que el préstamo anterior le ayudo a comprarse una vaquilla, a través de este aporte está creciendo como ganadero.

Previous Loan Details

Andrés grows basic grains and also raises cattle. He lives with his wife and their three children. He sells milk and cheese, and also grows corn for the family to eat. Andrés is seeking a loan to buy a heifer as he doesn’t have enough money to do this. This would be a big help and allow him to... More from Andres'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
  • 753
    View loans »
    El Salvador Loans Fundraising
  • $25,534,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,050 helped Andres to buy a young bull.
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 21, 2012
Listed
Apr 16, 2012
Currency Exchange Loss:
N/A
Expired:
May 16, 2012
This photo was used before for a previous loan for Andres. It was first posted on Kiva on May, 2011. Learn More