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Elmer Balmore

Update on Elmer Balmore

Elmer lives with his common-law wife and their children in a relative's home. He has been growing corn and beans for several years, so he has the necessary experience to prosper in his business. At harvest time he stores the crops in the graineries shown in the photograph. He later sells them to the many clients he has in the area where he lives and uses the profits he earns to provide for his family.

He is requesting a loan to buy better quality corn and bean seeds, as well as fertilizer and pesticides. This is so he can give his family a life with better opportunities.
View original language description ↓
Elmer vive con su compañera de vida y sus hijos en casa de un familiar, él se dedica al cultivo de maíz y frijol, desde hace varios años por lo que tiene la experiencia necesaria para sacar adelante el negocio cuando ya esta la cosecha la va almacenado en los graneros que muestra la fotografia para luego salir a comercializarlos, tiene mucha clientela en la zona donde reside, con las ganancias que obtiene logra sacar adelante su familia, él solicita un crédito que le permita comprar semilla de maíz y frijol de la mejor calidad, además de abono y pesticidas y asi poder darle a su familia, una vida con mejores oportunidades.

Previous Loan Details

Elmer Balmore lives with his life's companion and their children in the house they own. He grows corn and beans. He has been farming for several years and has the necessary experience to get his business ahead. He has a lot of customers in the area because his crops are abundant and of the best q... More from Elmer Balmore'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
  • 868
    View loans »
    El Salvador Loans Fundraising
  • $28,305,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Elmer Balmore to buy farm supplies, fertilizers, seeds, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Mar 27, 2013
Apr 24, 2013
Currency Exchange Loss:
Apr 16, 2014