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Miguel Angel
Miguel, 38, has been growing corn and sorghum for several years. He is a responsible, hard-working man who lives in his own house with his wife and children. The income he is able to earn is to cover household expenses, so he is requesting a loan to buy everything he needs for planting, such as fertilizers, seeds, etc. He has a good clientele and wants to continue with his crop growing in order to earn more profit and continue giving his family everything they need.
View original language description ↓
Miguel de 38 años de edad se dedica al cultivo de maiz y sorgo desde hace varios años, es un hombre responsable y trabajador vive en casa propia con su esposa y sus hijos con las ganancias que obtiene logra solventar los gastos de su hogar, por eso solicita un credito para poder comprar todo lo necesario para su siembra como abonos, semillas, fertilizantes, etc. ya que tiene buena clientela y quiere seguir con sus cosechas para obtener mejores ganacias y seguir dandole a su familia lo necesario.

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.

About El Salvador

  • $4,900
    Average annual income
  • 660
    View loans »
    El Salvador Loans Fundraising
  • $22,068,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Miguel Angel to buy farm supplies (fertilizers and seeds).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 13, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 25, 2014