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Julio Cesar

Update on Julio Cesar

Julio is requesting a new loan because he needs work capital for his corn and bean crops, so through this he will produce more. He will invest the loan in buying fertilizer, herbicides, insecticides and pesticides for his crops.

His previous loan helped him buy agricultural inputs and with the earnings he has been able to support his family. His circumstances have improved now and his children continue studying and in addition to that plan to prepare themselves professionally.
View original language description ↓
Julio, solicita un nuevo crédito porque necesita capital de trabajo en el cultivo de maíz y frijol, así obtener más producción. Este lo invertirá en la comprar de abono, herbicidas, insecticidas, plaguicidas para el cultivo.
El préstamo anterior le ayudo para la compra de insumos agrícolas y con las ganancias ha hecho aporte a su familia. Las circunstancias han mejorado ya que los hijos siguen estudiando y además espera prepararlos profesionalmente.

Previous Loan Details

Julio is requesting a loan because he needs to plant a new crop. He is in need of supplies such as compost, herbicides, and insecticides so that his work is not done in vain and results in a fruitful harvest. Like any farmer, Julio wants to achieve good results. With his previous loan, Ju... More from Julio Cesar'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
  • 723
    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 $600 helped Julio Cesar to buy fertilizer, herbicides, insecticides, and pesticides for crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 6, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Julio Cesar. It was first posted on Kiva on Sep, 2012. Learn More