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Milagro Isabel

Update on Milagro Isabel

Milagro needs to invest in her basic grain production which is why she’s asking for a new loan to be able to buy manure and pay labor costs; she will also buy leaf fertilizers which will make it possible for Milagro to have a good crop. She comments that her previous loan resulted in a significant increase in profits from her sales; she’s bought clothes, food and medicine for her family. Her economic condition is better and she’s able to help her children go to school.
View original language description ↓
Milagro, necesita invertir en el producción de granos básicos por eso solicita un nuevo préstamo que le permita la compra de abono y pagar mano de obra, tambien comprara foliares, esto le permite a Milagro realizar una buena siembra.
Comenta que el préstamo anterior significo para ella un aumento en sus ganancias provenientes de las ventas, ha comprado ropa, alimentación y medicinas a su familia, su condición económica está mejor, ayuda a sus hijos a que estudien.

Previous Loan Details

Milagro is requesting a new loan to invest in the cultivation of squash and corn. She needs to purchase the necessary supplies such as compost, herbicides and foliar fertilizers, which help her prevent pest infestations during crop development. She decided on this loan because of the result s... More from Milagro Isabel'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
  • 796
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Milagro Isabel to buy manure and pay labore costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Milagro Isabel. It was first posted on Kiva on Jun, 2012. Learn More