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Moises Arahon

Update on Moises Arahon

Moisés decided to request a new loan because he requires capital to work, now that the sowing season is starting. He will buy compost and herbicides to grow corn and beans.

He thinks that the previous loan gave him the necessary resources to buy agricultural supplies and to sow. He continues working and supporting his children with education and food.
View original language description ↓
Moisés, se decidió por un nuevo préstamo, porque quiere capital para trabajar, ya que inicia la temporada de siembras agrícolas, comprara abono y herbicidas para realizar la siembra de maíz y de frijol.
Considera que el préstamo anterior le brindo los recursos necesarios para comprar los materiales agrícolas y realizar la siembra, él continua trabajando y apoyando a sus hijos en los estudios y la alimentación.

Previous Loan Details

Moisés needs capital to invest in growing corn and beans, that's why he is requesting a new loan to buy fertilizer and herbicides, to have a better cultivation and to increase production. This will allow him to get a better harvest for sale and for feeding his family. The previous loan helped ... More from Moises Arahon'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
  • 819
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Moises Arahon to buy compost and herbicides to grow corn and beans.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 22, 2013
Listed
Mar 28, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 25, 2013
This photo was used before for a previous loan for Moises Arahon. It was first posted on Kiva on Oct, 2012. Learn More