Check out other loans that are currently fundraising!
Rene Alfonso
Rene is 41 years old. He lives with his wife and 5 children in a house he owns. He has worked in agriculture for several years. His main crop are corn and beans. With the income he obtains from his sales he is able to pay for his household expenses. Rene is asking for a loan to be able to buy manure, seeds, fertilizers, herbicides, etc., as well as to improve the sail on the land shown in the photograph. That is where he plants his crops. This way, he can have financial stability.
View original language description ↓
Don rene de 41 años de edad vive con su esposa y sus 5 hijos en casa propia, el se dedica a la agricultura desde hace varios años su principal siembra es el maiz y el frijol con la ganancias que obtiene de sus ventas logra solventar los gastos de su hogar, Don Rene solicita un crédito para poder comprar abonos, semillas, fertilizantes, herbicidas, etc. También para mejorar el terreno que muestra en la fotografía que es donde siembra sus cosechas y asi poder tener una mejora estabilidad económica.

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.

About El Salvador

  • $4,900
    Average annual income
  • 644
    View loans »
    El Salvador Loans Fundraising
  • $25,017,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Rene Alfonso to buy manure, herbicides, fertilizers, and to improve the soil.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 29, 2013
Listed
May 14, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014