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Fabricio Edgardo

Update on Fabricio Edgardo

Fabricio is cultivating basic grains and needs money so that he can invest in the payment of a threshing machine, as well as pay for labor needed to harvest his crops. This loan will help him maintain an inventory of available products that he can sell and reserve for personal consumption.


Fabricio said that his crop production increased, so he was able to feed his family and cover some of his expenses. He says that the loans have been helpful in allowing him to complete his work and improve his conditions.

View original language description ↓
Fabricio, está trabajando en el cultivo de granos básicos y necesita dinero para invertir en el pago de una máquina desgranadora y el pago de mano de obra para poder sacar la cosecha de la siembra, este préstamo ayudará para mantener el producto listo para la comercialización y la alimentación.

El considera que ha aumentado sus cultivos y la producción de éstos le sirve para poder alimentar a la familia y cubrir algunos gastos, el manifiesta que estos préstamos le han ayudado para realizar su trabajo y mejorar su condición.

Previous Loan Details

Fabricio makes a living working the land, he is 20 and lives with his mother and two brothers, his father died 3 years ago. They live in their own house. He learned how to work the land from his father and since he died he has worked on his own to be able to support his family. This is the tim... More from Fabricio Edgardo'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
  • 710
    View loans »
    El Salvador Loans Fundraising
  • $25,104,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $375 helped Fabricio Edgardo to make a payment toward a threshing machine and to pay for labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 24, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Fabricio Edgardo. It was first posted on Kiva on Jun, 2012. Learn More