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Pedro Antonio

Update on Pedro Antonio

Pedro wants to keep farming and also improve some things to his vehicle. This loan will be very important because will cover various needs. He will buy fertilizer and herbicides for the crops. Also, he will buy tires and spark plugs for the maintenance of his vehicle.

The previous loan had a positive effect, because his investment yielded to positive results. His family is doing well. He is always working in agriculture, to improve the quality of life for his family.
View original language description ↓
Pedro, quiere seguir cultivando y también mejorar algunas cosas a su vehículo, este préstamo será muy importante porque cubrirá varias necesidades, comprándose abono, herbicidas, para aplicarlos al cultivo, también llantas, bujías y mantenimiento al vehículo.
Con el préstamo anterior tuvo un efecto positivo, ya que su inversión le ha dado resultados positivos, en su familia se encuentran bien, siempre está trabajando la agricultura para mejorar siempre la calidad de vida de su familia.

Previous Loan Details

Pedro works as a court employee. He lives with his wife and son in his own home. He has been working in this job for 12 years and also carries out farming work. Right now, Pedro needs to buy farm supplies with which to care for his crops such as manure and herbicides. This will help him to st... More from Pedro Antonio'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
  • 420
    View loans »
    El Salvador Loans Fundraising
  • $22,818,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Pedro Antonio to buy fertilizer, herbicides, tires and spark plugs for the vehicle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012