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Martir

Update on Martir

Mártir has decided to take out another loan because he believes the previous ones have helped him to improve his cattle. He will invest this loan in buying feed for the cattle, ground fodder, vitamins and deworming medicine.

He has shown that his cattle and agriculture business has improved. Previously he would sow basic grains. He now has more opportunities to bring in an income and living conditions for him and his wife are changing for the better.
View original language description ↓
Mártir, se decidió por un nuevo préstamo, porque considera que los anteriores le han ayudarlo a mejorar su ganadería, él invertirá este préstamo en la compra de concentrado para el ganado, zacate molido, vitaminas y desparasitantes.
Él manifiesta que el negocio de la ganadería y la agricultura ha mejorado, anteriormente logro realizar la siembra de granos basicos, tiene más oportunidades de obtener ingresos, las condiciones de vida con su esposa está cambiando positivamente.

Previous Loan Details

Mártir is a responsible person who opted for a new loan because he’s once again starting to plant corn. He will use the loan to buy herbicides, manure and seeds to plant with the goal in mind of having better harvests this year to sell and have part left over for his family’s consumption. Márti... More from Martir'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
  • 587
    View loans »
    El Salvador Loans Fundraising
  • $23,525,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $325 helped Martir to buy ground fodder, vitamins and deworming medicine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 3, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Martir. It was first posted on Kiva on Oct, 2011. Learn More