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Mario Efigenio

Update on Mario Efigenio

Mario has decided on a loan because he feels that it allows him and his family many benefits. With the loan he will pay for labor for harvesting basic grains in 10 production tasks. Part of it will also allow him to pay for transport and to move his harvest to his home.

He says that the last loan helped him to get a good harvest, and he has continued to work and has achieved many things through work. At home, they have everything they need, and he and his wife have decided they can have another child.
View original language description ↓
Mario, está decidido por un préstamo, porque considera que le permite muchos beneficios personales y también a su familia, con éste se pagará mano de obra, para la recolección de los granos básicos en las 10 tareas de produccion, también le servirá una parte para pagar el transporte y trasladar la cosecha hasta la vivienda.

El manifiesta que el préstamo anterior le ayudó a realizar una buena cosecha, se ha mantenido trabajando y ha logrado muchas cosas a través del trabajo, en su hogar cuentan con todo lo necesario y han decidido el y su esposa poder tener otro hijo.

Previous Loan Details

Mario is asking for a new loan because he wants to pay for collecting his harvest. This will help him pay for labor and transportation to his home. This loan will help him have the harvest in his home where he can assure its disposition. He has good experience with loans and he had a good h... More from Mario Efigenio'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
  • 785
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $125 helped Mario Efigenio to pay for labor to gather the harvest.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013