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Pilar

Update on Pilar

Pilar is requesting this new loan in order to invest in his farming operation. He plans to use the support from this loan to pay additional workers to help him with planting season. Some of the crops Pilar cultivates include tomatoes, green chiles and corn. He also plans to buy agricultural input products for tending his crops.

Thanks in part to his previous loan, Pilar's harvest last year was very healthy and full. He also used the previous loan to help with costs associated with selling his produce in the markets. His family's financial situation has become increasingly stable, thanks to Pilar's hard work and dedication.
View original language description ↓
Pilar, solicita un nuevo préstamo porque es un buen recurso económico para incrementar la producción de hortalizas y asímismo los ingresos. Este le permitirá pagar la mano de obra para preparar la tierra donde sembrara tomate, chile verde, ejotes y asimismo comprar los insumos agrícolas necesarios para realizar la siembra.
El crédito anterior le permitió obtener una excelente cosecha y libre de pagos para poder comercializarlos en el mercado. Las condiciones familiares han mejorado y las circunstancias económicas han incrementado.

Previous Loan Details

Pilar is married and lives with his wife and five children. He is a farmer, work he began thanks to his father, who taught him the process. Only two of his children are dependent, the others are married. Agricultural work allows him to help his family. He works full time every day alongside h... More from Pilar'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
  • 789
    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 $900 helped Pilar to pay additional workers to help with planting his tomato, green chile and corn crops, as well as purchase agricultural input products for tending his crops.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 13, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
N/A
Ended:
May 18, 2014