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Domingo Antonio

Update on Domingo Antonio

Domingo Antonio, 50, lives in his own house with his wife, two children, and three grandchildren, who help him with the harvest. He is a farmer, and for more than 25 years, he has planted beans and corn, which has given him a lot of experience with these crops. He has been able to help his family advance with the sales from his harvests. Domingo wants to increase his production and hire other people to help him with the harvests. He also has new plans for his farm, like raising chickens, as the photo shows. But he doesn't have enough capital to be able to do it. So he decided to apply for a loan that will allow him to buy corn and bean seeds, insecticide, manure, some work tools, etc. He is confident he will be able to pay back the loan and give his family what they need with no limitations.
View original language description ↓
Domingo Antonio de 50 años de edad vive en casa propia con su esposa, sus dos hijos y tres nietos los cuales ayudan en la cosecha, es agricultor desde hace mas de 25 años siembra frijol y maiz los cuales le han dado mucha experiencia en los cultivos, con la venta de sus cosechas ha logrado salir adelante con su familia. E Señor Domingo quiere aumentar la producción y poder contratar a otras personas para que le ayuden en sus cosechas y en los nuevos planes que el tiene para su agricultura como la cria de pollos asi como muestra la fotografia, pero no posee de suficiente capital para poder realizarlo por eso se decidió a solicitar un crédito que le permita comprar semilla de maíz, frijol, insecticida, abono, algunas herramientas de trabajo etc. Asegura que podrá saldar la deuda y a la vez podrá darle a su familia lo que necesita sin limitacion alguna.

Previous Loan Details

Domingo Antonio, 49, lives with his life companion, their two children and three grand-children in his own house. He works in agriculture, specifically growing basic grains, beans and corn. He has more than 25 years’ experience in this line of work which allows him to maintain the quality of hi... More from Domingo Antonio's previous loan »

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.

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
  • 774
    View loans »
    El Salvador Loans Fundraising
  • $25,607,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Domingo Antonio to buy supplies and pay workers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 18, 2013
Listed
Apr 18, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Domingo Antonio. It was first posted on Kiva on Aug, 2012. Learn More