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Samuel

Update on Samuel

Samuel is asking for a new loan to make preparations for his second planting of corn. He will invest it in fertilizer, herbicides, and other supplies to grow his crop. This loan will be a great help in continuing to work the land.

Samuel believes that his last loan was a great contribution as it helped him to carry out his planting in an orderly fashion and he got a good harvest from it, which generated revenue and food for his family.
View original language description ↓
Samuel, solicita un nuevo préstamo para los preparativos de la segunda siembra de maíz invertirá en abono, herbicidas y otros insumos para el desarrollo de la milpa, este préstamo será un gran apoyo para continuar trabajando en la tierra.
Samuel considera que el préstamo anterior fue un gran aporte pues le ayudo a trabajar ordenadamente con su siembra de la cual obtuvo una buena cosecha que le genero ingresos y alimentación a su familia.

Previous Loan Details

Samuel lives with his wife and children. He is a farmer and rancher. His work takes up much of his time since this is how he makes the necessary income to cover his household needs.

At the moment, Samuel is requesting a loan to buy supplies for growing corn. This loan will help him to a... More from Samuel'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
  • 447
    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 $1,200 helped Samuel to buy fertilizer and herbicides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 19, 2012
Listed
May 26, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2012
This photo was used before for a previous loan for Samuel. It was first posted on Kiva on Sep, 2011. Learn More