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Nelis Estela

Update on Nelis Estela

Nelis is asking for a new loan because the time to prepare the land for planting is drawing near. She will buy materials again such as fertilizer, insecticides and pesticides to apply them and have a good planting process.

The previous loan allowed her to have a good crop and obtain an abundant harvest. She was able to pay off the loan and she is more solvent to face her household expenses.
View original language description ↓
Nelis, está solicitando un nuevo préstamo, porque se acerca el tiempo de preparar la tierra para los cultivos, ella comprara nuevamente los insumos como el abono, insecticidas y pesticidas, para aplicarlos y poder tener un proceso adecuado de siembra.
El préstamo anterior le permitió realizar un buen cultivo, obteniendo una cosecha abundante, con lo que pudo pagar el préstamo, sus condiciones han sido más solventes frente a las obligaciones del hogar.



Previous Loan Details

Nelis lives with her family - her husband and 2 children. She is a housewife and her husband is a farmer. They started the farm together, helping each other out. She does not have a fixed schedule for her farm work. She asks for a loan to buy agricultural inputs like manure and fertilizers. Th... More from Nelis Estela'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
  • 762
    View loans »
    El Salvador Loans Fundraising
  • $26,201,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Nelis Estela to buy fertilizer, insecticides and pesticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 21, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 19, 2013
This photo was used before for a previous loan for Nelis Estela. It was first posted on Kiva on Jul, 2011. Learn More