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Milton Humberto

Update on Milton Humberto

MIlton Humberto, who is 29 years old, lives with his life companion and their children in their own house. His work is growing corn, beans, and sorghum. In addition, he supplements the household income with two of his own cows, and he works as a day laborer in different places. He has been working in this area for a number of years, and this has given him valuable experience that allows him to obtain the best harvests. His fields are located in an area of high agricultural use and very close to the town where he lives. He sells his products in all the areas surrounding his town, and he already has many customers who prefer him because everything that he sells is of first quality, at affordable prices, and with excellent service. Milton is an entrepreneurial man, dedicated to his work. He is always looking for alternatives that will permit him to find the route to a more prosperous future. He knows that only in this way will he achieve success. In the last planting season he had some losses, and he wants to recover. He will make a new investment, and for this he is applying to INTEGRAL for a loan that will allow him to buy seeds for corn, beans, and sorghum and insecticides, herbicides, etc. Milton Humberto has good payment references, and he affirms that he will be able to pay off the debt and at the same time he is confident that he will be able to bring economic security to his household.
View original language description ↓
Milton Humberto de veintinueve años de edad vive junto a su compañera de vida y sus hijos en casa propia; Él se dedica al cultivo de maíz, frijol y maicillo además para complementar los gastos del hogar posee dos vacas propias y trabaja de jornal en diferentes lugares, tiene varios años de trabajar en el rubro y eso le ha regalado experiencia valiosa que le permite obtener las mejores cosechas; el terreno de cultivo esta ubicado en una zona de alta incidencia agrícola y muy cercano a la localidad donde reside, comercia en todos los alrededores de la localidad y ya tiene mucha clientela que lo prefiere porque todo lo que comercia es de primera calidad, a precios accesible y con un excelente servicio; Milton es un hombre emprendedor, dedicado a su labor, siempre esta buscando alternativas que le permitan encontrar el camino para un futuro mas prospero sabe que solo así alcanzara el éxito, en la ultima temporada de siembra tuvo algunas perdidas y quiere recuperarse, realizara una nueva inversión y para ello le solicita a INTEGRAL un crédito que le permita comprar semilla de maíz, frijol, maicillo, insecticida, herbicida, etc. Milton Humberto tiene buenas referencias de pago, asegura que podrá saldar la deuda y a la vez confía que podrá llevar a su hogar seguridad económica.

Previous Loan Details

Milton Humberto, 29, lives with his life companion and their children. He grows corn and beans. He’s worked in agriculture since the age of 18 and has several years’ experience that have helped him produce good harvests. He sells in all the areas around his zone and has acquired a large numb... More from Milton Humberto's previous loan »

Additional Information

More information about this loan

This loan is part of Apoyo Integral's program to help subsistence farmers located in high-risk regions of El Salvador, including coastal strips, river banks, and volcano fault lines. The program, which offers reduced interest rates, targets farmers who don't qualify for formal funding due to their low-income and geographical risk. By funding this loan, you are helping Apoyo and a local non-governmental organization extend risk-tolerant credit to even more farmers.

About Apoyo Integral

Apoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.

Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.

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
  • 782
    View loans »
    El Salvador Loans Fundraising
  • $26,231,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Milton Humberto to buy seeds for corn, beans, and sorghum, insecticides, and herbicides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 22, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013