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Santos Evaristo

Update on Santos Evaristo

Santos wants to increase his crop production. He is a farmer and is applying for a new loan to buy fertilizer, weed killer, and other necessary supplies. Santos says that his previous loan was a success. He hires other laborers, since the profits from the harvest will cover their wages.
View original language description ↓
Santos, quiere aumentar la producción de su cultivo, actualmente está realizando esta labor agrícola, para eso solicita un nuevo préstamo que le facilite los recursos para comprar abono, herbicidas y otros insumos que son necesarios.
Con el préstamo anterior Santos comenta que tuvo una experiencia buena, trabajo con mozos a quienes les pago por su servicio, ya que de la cosecha le resulto ganancias para cubrir los costos.

Previous Loan Details

Santos requests a new loan to have the financial resources necessary for planting corn, as he is beginning the work to prepare a plot of land where he will establish this cornfield. Because of this situation, he needs a loan to buy the fertilizer, herbicides and other materials that are an… More from Santos Evaristo'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
  • 414
    View loans »
    El Salvador Loans Fundraising
  • $22,766,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $200 helped Santos Evaristo to buy fertilizer and weed killer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Santos Evaristo. It was first posted on Kiva on Jun, 2012. Learn More