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Edwin Gabriel

Update on Edwin Gabriel

Edwin is requesting a loan to invest in growing staple grains by paying for labor to pick the corn and also by buying a machine to separate the kernels, which he will use to prepare his harvest to be eaten and sold. This loan will give him the financial resources he needs to carry out the final stage of work on his crop.

He believes that his harvests have increased through his use of these loans, as he has been buying the resources he needs. His earnings have also improved, which has allowed him to pay for food, clothing, and health costs for his son and wife, thereby improving their conditions.
View original language description ↓
Edwin, solicita un préstamo para poder invertir en la producción de granos basicos, pagando la mano de obra para sacar el maíz y también pagando una máquina desgranadora, en la cual estará preparando la cosecha para alimentación y para la venta. Este préstamo le dará lo necesario en recursos económicos para que realice el trabajo final de la siembra.
El considera que sus cosechas han aumentado a través de los préstamos que utiliza, comprando los recursos necesarios, sus ganancias también han sido mejor con las que ha podido comprar el alimento, vestuario y pago de salud, para su hijo y esposa, sus condiciones están mejorando.

Previous Loan Details

Edwin lives with his wife and a 6-month-old son in a house they own. He sows basic grains. He has been in this line of work for five years and works from Monday through Saturday. He learned it while he was still living with his parents. He requests the loan in order to purchase five sacks of com... More from Edwin Gabriel'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
  • 721
    View loans »
    El Salvador Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Edwin Gabriel to pay for labor to pick his corn and to buy a machine to separate the kernels.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 28, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Edwin Gabriel. It was first posted on Kiva on Dec, 2011. Learn More