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Walter Cesar

Update on Walter Cesar

Walter needs to complete his seasonal harvest, so he is asking for a loan to help him buy materials such as fertilizer and herbicides that he will apply during his planting season in order to have good results at harvest. He believes that his previous loan increased his production, and he has increased his profits during sale of this harvest. This has allowed him to better the living conditions of his wife and daughter. Thanks to the Kiva investment, his farm is becoming more successful.
View original language description ↓
Walter, necesita realizar el cultivo de temporada, para esto solicita un préstamo que le ayude a realizar la siembra comprando los materiales como abono, herbicidas, para aplicarlos y tener buenos resultados en sus cosechas.
Considera que el préstamo anterior aumento la producción, con esta cosecha ha mejorado sus ingresos realizando ventas, con ello ha podido mejorar sus condiciones a su esposa y su hijo, gracias a la inversión Kiva sus cultivos están mejorando.

Previous Loan Details

Walter works in agriculture. He lives with his parents. He is married and has a one year old daughter. He learned farming from his parents and since he started his own family two years ago, he has been working on his own. Hi is asking for loan in order to buy four bags of fertilizer and a bag ... More from Walter Cesar'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
  • 782
    View loans »
    El Salvador Loans Fundraising
  • $25,635,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Walter Cesar to buy fertilizer and herbicides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
N/A
Ended:
May 19, 2013
This photo was used before for a previous loan for Walter Cesar. It was first posted on Kiva on Jun, 2012. Learn More