Check out some available loans that are similar to this one!
Benito

Update on Benito

Benito has decided to ask for a new loan because a new sowing season is about to start and he needs to buy manure and insecticides to use them when planting corn. These are supplies farmers use to fight pests while strengthening the crops at the same time.

His family’s life has improved thanks to his previous loan: Benito has used to harvest his crops, obtaining enough corn both to sell it and for the daily consumption of his family. In the same period they have succeeded in buying some cows increasing the number of their cattle and consequently improving the production of milk.
View original language description ↓
Benito, se ha decidido por un nuevo préstamo, pues inicia su trabajo en una nueva temporada de la siembra agrícola, para esto necesita comprarse abono e insecticidas, para aplicarlos al momento de la siembra de maíz, éstos materiales son utilizados por los agricultores para prevenir en sus cultivos las plagas y al mismo tiempo fortalecer la cosecha.

El efecto que tuvo con el préstamo anterior fue mejorar el aspecto familiar con la recolección de la cosecha, pues ha tenido suficiente maíz para consumo y también realizar algunas ventas, en este período han logrado comprarse algunas vacas que han aumentado su ganado y le han mejorado el ingreso de leche.

Previous Loan Details

Benito lives with his wife and has three children. He works raising cattle and growing corn and sorghum. He started as a young man, as he learned to grow crops alongside his father when he was young. He is requesting a loan to purchase manure and pesticides to apply to his crop of corn. This… More from Benito'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
  • 635
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Benito to buy manure and insecticides.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 19, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 19, 2013
This photo was used before for a previous loan for Benito. It was first posted on Kiva on Aug, 2011. Learn More