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Cruz

Update on Cruz

Cruz is requesting a new loan to continue farming corn. This time he will increase the land size by approximately 1.68 acres. He will also buy a larger quantity of fertilizer, improved seeds, herbicides and land preparation. He is hoping to increase production this season. He had a positive effect with the previous loan since he achieved production of the crops and created a well for irrigation. In his family everyone has maintained stable incomes and diets have improved.
View original language description ↓
Cruz, solicita un nuevo préstamo para seguir cultivando de maíz en esta ocasión aumentara el terreno en una manzana mas también comprara mayor cantidad de abono, semilla mejorada, herbicidas y la preparación del terreno esperando aumentar la producción en esta temporada.
Con el préstamo anterior tubo un efecto positivo ya que realizo el cultivo y un pozo para regadillo. En su familia todos se han mantenido estables sus ingresos y alimentación han mejorado.

Previous Loan Details

Cruz is a farmer. He lives with his family, his wife and children. He has been farming for 15 years. He grows yucca and corn for the family’s consumption and to sell. When he was young, Cruz learned from his father. He is requesting a loan to buy farming supplies like fertilizers. In f... More from Cruz'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
  • 802
    View loans »
    El Salvador Loans Fundraising
  • $25,698,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Cruz to buy fertilizer, improved seeds, herbicides and land preparation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 24, 2012
Listed
May 27, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2012