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Cruz

Update on Cruz

Cruz is applying for another loan because he needs to continue cultivating corn and bananas, and he needs the supplies necessary to plant these crops. This loan will allow him to buy fertilizer, pesticide, insecticide, and herbicide, as well as to prepare his land and pay workers.

His previous loan helped him to prepare excellent plots of bananas and corn, as he was able to obtain two harvests thanks to the loan. He has maintained his family, his earnings have improved, and he was able to buy pipes to improve his house. His wish is to plant more in order to provide for his family.
View original language description ↓
Cruz, solicita un nuevo préstamo por la necesidad de seguir cultivando maíz, plátano y lo necesario para llevar acabo el cultivo. Este le permitirá comprar abono, plaguicidas, insecticidas, herbicidas, preparar el terreno y pago de los mozos.
El crédito anterior le ayudo a realizar una excelente siembra de plátanos y maíz, ya que logro obtener dos cosechas gracias a este. La familia se ha mantenido, sus ingresos han mejorado, ya que le permito comprar unos tubos para mejorar su vivienda, su deseo es cultivar más para sacar adelante a su familia.

Previous Loan Details

Cruz wants to continue cultivating corn and squash, as well as preparing the land. For this reason he is asking for a new loan in order to purchase fertilizer, seed, corn, herbicides, and to prepare the land. This will help him be assured of a better harvest. With the previous loan he was ... More from Cruz'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
  • 686
    View loans »
    El Salvador Loans Fundraising
  • $26,095,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Cruz to buy fertilizer, pesticide, insecticide, and herbicide, to prepare his land, and to pay workers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 25, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 25, 2013