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Luis Alonso

Update on Luis Alonso

Luis is requesting a loan to purchase materials for growing basic grains, such as fertilizer, and paying for labor, which will be the most important part of carrying out his work in the field. He says his experience with the loans has been good, helping him with his work every day, and he also says that he has purchased a vehicle to transport his harvest to market. Thanks to loans from Kiva, today he has more ability and more money for his family.
View original language description ↓
Luis, solicita un préstamo para la compra de materiales a utilizar en la siembra de granos básicos, adquiriendo abono y pago de mano de obra, que será lo más importante para que él realice su trabajo en el campo.
Manifiesta que su experiencia con los prestamos ha sido buena, realizando su trabajo todos los días, tambien comenta que en este tiempo ha comprado un vehículo para trasladar la cosecha al mercado, gracias al crédito financiado por KIVA, hoy tiene mayor capacidad y mejoras económicas en su familia.

Previous Loan Details

Luis needs to continue with his farm work, but he does not have the financial capacity to do so. He is requesting another loan so that he can continue growing basic grains. Luis needs to invest in supplies such as fertilizers for cultivating basic grains, eight sacks of compost, and to pay the ... More from Luis Alonso'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
  • 620
    View loans »
    El Salvador Loans Fundraising
  • $28,040,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Luis Alonso to purchase fertilizer and pay for labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 7, 2012
Dec 4, 2012
Currency Exchange Loss:
Jun 18, 2013
This photo was used before for a previous loan for Luis Alonso. It was first posted on Kiva on Sep, 2012. Learn More