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Daniel Matías

Update on Daniel Matías

Daniel, 35 years old, lives with his wife and 3 children in his own house. He has made his living in agriculture for many years. His primary crops are corn and sorghum. With the earnings he gets from his sales, he is able to cover his household expenses.

Daniel is applying for a loan to be able to buy manure, seeds, fertilizers, herbicides and everything necessary for his crop, so that he can get better profits from his sales in order to give his family greater economic stability.
View original language description ↓
Don Daniel de 35 años de edad vive con su esposa y sus 3 hijos en casa propia, el se dedica a la agricultura desde hace varios años su principal siembra es el maiz y el maicillo, con las ganancias que obtiene de sus ventas logra solventar los gastos de su hogar, Don Daniel solicita un crédito para poder comprar abonos, semillas, fertilizantes, herbicidas y todo lo necesario para su cosecha y asi pueda obtener mejores ganancias con sus ventas para darle a su familia una mejor estabilidad económica

Previous Loan Details

Daniel Matías is 34 years old and for many years he has worked on the land. With a lot of dedication, he grows corn and sorghum, which enables him to bring home the bread. He is known as a hard-working, honorable, and responsible man. He lives with his family which includes his wife and their ... More from Daniel Matías'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
  • 453
    View loans »
    El Salvador Loans Fundraising
  • $23,241,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Daniel Matías to buy seeds, fertilizers, insecticides, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 25, 2013
Listed
May 15, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014