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Rafaela Antonia

Update on Rafaela Antonia

Rafaela is requesting a new loan because she needs to invest more in her corn crop. Since the loans generate lots of income, she will be able to buy compost, herbicides, and insecticides, and pay for labor. The previous loan allowed her to increase her output and her earnings; she used these to feed her children. Her economic conditions have improved, the family circumstances remain the same, the family is the same, and they are all well.
View original language description ↓
Rafaela, solicita un nuevo préstamo por la necesidad de invertir más en el cultivo de maíz, ya que los préstamos generan muchos ingresos; este le permitirá comprar abono, herbicidas, plaguicidas, insecticidas y pago de mano de obra.
El crédito anterior le permitió aumentar la producción y sus ingresos, estos los invirtió en la alimentación de sus hijos; las condiciones económicas han mejorado y las circunstancias familiares se mantienen, el grupo familiar es el mismo y están bien de salud.

Previous Loan Details

Rafaela lives with her four children. She works in agriculture for a living, growing corn with her children. She learned the process from her parents when she was young. Nowadays she does it with the help of her family, as this allows her to have staple grains for food. She needs to buy fer... More from Rafaela Antonia'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
  • 740
    View loans »
    El Salvador Loans Fundraising
  • $26,152,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Rafaela Antonia to buy compost, herbicides, and insecticides, and pay for labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Rafaela Antonia. It was first posted on Kiva on Jul, 2012. Learn More