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Juan Santos

Update on Juan Santos

Juan needs capital to invest in his corn crop. He is requesting a new loan so that he can buy five sacks of compost, which will improve his crop. As a result, he can guarantee his sales by harvesting the best quality corn that he can offer to his customers.


Juan says that his previous loan enabled him to increase his earnings. He had more capacity to invest in basic grains. His wish is to improve his income, and this Kiva loan will help him accomplish this goal.

View original language description ↓
Juan, necesita capital para invertir en el cultivo de maíz, está solicitando un nuevo préstamo para la compra de cinco sacos de abono, para mejorar su cultivo al mismo tiempo poder de la cosecha vender a sus clientes una mejor calidad de maíz asegurando su venta.
El comenta que gracias al préstamo anterior logro aumentar sus ganancias y ha tenido más capacidad de invertir en granos básicos, sus deseos son aumentar los ingresos económicos y con el crédito de Kiva lo está logrando.

Previous Loan Details

Juan is a farmer and cattleman. He lives in his own house with his wife and three children who are 2, 4 and 9 years of age. Juan has experience in this work since he started very young learning from his father. He’s been working now on his own for ten years and he’s asking for a loan to… More from Juan Santos'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
  • 443
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Juan Santos to buy five sacks of compost.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013
This photo was used before for a previous loan for Juan Santos. It was first posted on Kiva on May, 2012. Learn More