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Gelber Mauricio

Update on Gelber Mauricio

Gelber has decided to take out a new loan in order to sow crops. It is a new season for vegetables: peppers, green beans, and tomatoes. He needs to buy tomato and pepper seeds, fertilizers, and other products for the sowing.
He says that he takes out loans because his experience has been positive; loans have improved his crops, and so his income for his family has been stable. He also tells us that he has been able to expand his fertile land and increase production.
View original language description ↓
Gelber, se ha decidido por un nuevo préstamo, para poder realizar la siembra, ya que está realizando una nueva temporada en hortalizas, pepino, ejote y tomates, para esto el necesita comprar semilla de tomates, pepino, fertilizantes y otros productos para la siembra.
El manifiesta que ha trabajado con préstamos porque su experiencia ha sido positiva, han mejorado sus cultivos y debido a eso sus ingresos para la familia han sido estables, tambien comenta que ha ido aumentando el área de siembra para aumentar la producción.

Previous Loan Details

Gelber needs to continue working growing vegetables, which is why he has requested another loan. The loan will be used to buy fertilizers and cucumber and green bean seeds. He told us that with the previous loan he was able to plant a good crop, which resulted in an abundant and healthy harve... More from Gelber Mauricio'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
  • 726
    View loans »
    El Salvador Loans Fundraising
  • $26,313,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Gelber Mauricio to buy tomato and pepper seeds, and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 11, 2012
Listed
Jan 7, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 25, 2013