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Wilmer Ulises

Update on Wilmer Ulises

Wilmer wants to invest in corn and bean crops. His previous loan led to good profits which is why he’s daring once again to buy supplies like four sacks of manure, herbicide and leaf fertilizer so that this crop he’s currently growing will be equally successful. He was able to earn better profits with his previous loan through the sale of his crops. He’s bought his family some needed things but the best thing Wilmer’s had is that he was able to send one of his children to school (Kindergarten).
View original language description ↓
Wilmer, desea invertir en el cultivo de maíz y frijol, con el préstamo anterior tuvo una mejor utilidad, que le anima para nuevamente comprase los materiales como 4 sacos de abono, herbicidas y foliares, para que este cultivo que tiene en proceso sea igual de provechoso.
Con el préstamo anterior logro tener mejores ganancias, a través de las ventas de la cosecha, a su familia le ha comprando algunas cosas necesarias, lo mejor que ha tenido Wilmer es el envió de uno sus hijos a la escuela (kinder).

Previous Loan Details

Wilmer works as a farmer. He's 26 years old and lives with his wife and two children of 3 years and 1 year of age. Wilmer has been making a living planting crops for seven years as his father taught him. He is requesting a loan to buy corn seed, fertilizer, herbicides, and other supplies which… More from Wilmer Ulises'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
  • 658
    View loans »
    El Salvador Loans Fundraising
  • $22,070,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Wilmer Ulises to buy four sacks of manure and to buy herbicide and leaf fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Wilmer Ulises. It was first posted on Kiva on May, 2012. Learn More