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Update on Buenerge

Buenerge is asking for a new loan because he needs to invest more working capital into growing corn and beans. This will help him to pay to lease land to grow bulk grains.

His last loan permitted him to buy agricultural inputs for farming, to support his family, to help his children grow academically and to buy food.
View original language description ↓
Buenerge, solicita un nuevo préstamo, porque necesita invertir más capital de trabajo en el cultivo de maíz y frijol. Esto le ayudara para el pago del arrendamiento de tierras para el cultivo de los granos básicos.
El crédito anterior le permitió comprar insumos agrícolas para el cultivo y aportar en su familia, crecer académicamente a sus hijos y con la alimentación.

Previous Loan Details

Buanerge has decided to continue working with the help of loans for agricultural cultivation. In each season he needs support to purchase materials, such as fertilizer and herbicides, that are very important to strengthen the planting of corn and beans. With this new loan, he hopes to perform thi... More from Buenerge'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
  • 609
    View loans »
    El Salvador Loans Fundraising
  • $28,040,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $325 helped Buenerge to pay to lease land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 20, 2013
Mar 14, 2013
Currency Exchange Loss:
Mar 17, 2014
This photo was used before for a previous loan for Buenerge. It was first posted on Kiva on Sep, 2012. Learn More