Update on Fernando AntonioFernando is 52 years old, and lives in his own house with his wife and two children who are 15 and 18 years old. He has worked as a farmer for 23 years. His main crops are corn and beans. When his harvest is ready, he stores it in the barns in the sacks shown in the photograph to later sell with those who sell basic grains in the markets in the different departments of the country. The sales of his harvests allow him to meet his household expenses but not to cover the costs of planting, so he is requesting a loan to purchase seeds, fertilizer, manure, and other items to have a better harvest. This will allow him to earn more income to give his family what they need without limitations.
Previous Loan DetailsFernando Antonio is 50 years old, and he lives with his wife and children, who are 12 and 15 years of age. He is a very humble and resourceful person who works very hard day after day. He has a parcel of land on which he grows corn and beans, which he then sells in different districts of the… More from Fernando Antonio's previous loan »
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 IntegralApoyo 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.
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Success!! The loan was 100% repaid