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Hector Asael

Update on Hector Asael

Hector lives in his own house with his wife, their two children, and his father. He has had a business selling wood out of his home for several years and he also farms corn and beans. With the sales that he makes, he is able to cover the home expenses.

He requests a loan that will allow him to buy wood wholesale. He already has a lot of customers that seek him out because the wood that he sells is of the the highest quality. He also sells to businesses that use the wood to make doors, picture frames, furniture, and other things. In doing this, he will be able to have better profits and to give his family better economic stability.
View original language description ↓
Don hector vive en casa propia con su esposa, sus dos hijos y su padre, el tiene un negocio de venta de madera en su lugar de residencia desde hace varios años tambien se dedica a la agricultura siembra maiz y frijol, con las ventas que realiza logra solventar los gastos de su hogar, el solicita nuevamente un credito pero esta vez para la compra de madera por mayor ya que tiene mucha clientela pues lo buscan porque la madera que vende es de calidad tambien la vende a comercios que la utilizan para hacer puertas, marcos para fotos, para hacer muebles, entre otras cosas y asi pueda tener mejores ganancias y darle a su familia una mejor estabilidad economica.

Previous Loan Details

Héctor Asael lives with his life companion and their children. He cultivates his crops of corn and beans, and at the same time he grow tomatoes, chayote , and acorn squash. Héctor has engaged in agriculture for many years and has gained plenty of experience. Thanks to his hard work and his go... More from Hector Asael's previous loan »

Additional Information

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
  • 660
    View loans »
    El Salvador Loans Fundraising
  • $28,216,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Hector Asael to buy wood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 9, 2013
May 8, 2013
Currency Exchange Loss:
Oct 25, 2013