Check out some available loans that are similar to this one!
Pedro

Update on Pedro

Pedro, 45, lives in his own home with his wife and his two children. He has made a living in agriculture for twenty years, cultivating corn and beans. When his harvest is ready, he sells it with basic grains merchants. With the earnings from these sales, he manages to cover his household expenses.

Pedro has applied for a loan to buy manure, seeds, fertilizer, and everything he needs for his harvests. He will then be able to give his family everything they need with no limitations.
View original language description ↓
Don pedro de 45 años de edad vive en casa propia con su esposa y sus dos hijos, él se dedica a la agricultura desde hace 20 años él se dedica al cultivo de maíz y frijol cuando su cosecha esta lista la comercializa con los vendedores de granos basicos, con las ganancias que obtiene de sus ventas logra solventar los gastos de su hogar, don pedro solicita un crédito para poder comprar abono, semillas, fertilizante y todo lo necesario para sus cosechas y asi darle todo lo necesario a su familia sin limitación alguna.

Previous Loan Details

Pedro, age 44, lives with his life partner and their children. He grows corn and beans, as well as coffee and oranges. Pedro has worked as a farmer for several years and has gained valuable experience that has allowed him to achieve better harvests. The land that he cultivates is located in an… More from Pedro'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

  • $4,900
    Average annual income
  • 662
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Pedro to buy seeds, fertilizer, manure, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 26, 2013
Listed
May 15, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014