Update on David Flaminio32-year old David lives with his wife and children. He is a man with an eye on the future, and that characteristic has always made him an exemplary son, father and husband. His wish to get ahead in life has always been great; he is responsible, honest, straightforward, hardworking and enterprising.
David earns his living growing basic grains such as maize and beans. As well, when there is not much work on his farm, he takes on jobs as a day laborer. Farming has been his principal source of income for several years, and he has put in a lot of effort and dedication. He now wishes to buy basic agricultural supplies so that his crops aren’t ruined. For this reason he has approached INTEGRAL to ask for a loan to buy manure, fertilizer, pesticides etc. He hopes that he will be granted a loan as he has good references and expects to pay back the money early.
Previous Loan DetailsDavid, age 32, lives in a humble house which he owns with his family, his wife and two children. He is a hardworking and enterprising man, whose main interest is the future and wellbeing of his family. David farms beans and rice, which he sells to neighbors. This is his main source of income.… More from David Flaminio's previous loan »
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 IntegralApoyo 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
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