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Anastacio Francisco

Update on Anastacio Francisco

Anastacio, age 53, has been farming for 20 years. This has given him a lot of experience in this business activity. He grows corn and sorghum. When his harvest is ready, he sells it to the basic grains merchants that are close to where he lives. With the income he gets, he manages to pay some of the household expenses.

Anastacio is requesting a loan to be able to buy manure, fertilizer, seeds, herbicides, tools, and everything that is needed for his harvest. He will also use the loan to improve the land where he sows. This way he will get better harvests in order to give his family a better life without any limitations.
View original language description ↓
Don anastacio de 53 años de edad se dedica a la agricultura desde hace 20 años y eso le ha dado mucha experiencia en esa actividad el se dedica a sembrar maíz y sorgo cuando su cosecha esta lista las vende en los comercios de granos básicos que están cerca de su lugar de residencia con las ganancias que obtiene logra solventar algunos gastos de su hogar. Don Anastacio esta solicitando un crédito para poder comprar abonos, fertilizantes, semillas, herbicidas, herramientas y todo lo necesario para su cosecha también para mejorar el terreno donde siembra y asi obtener mejores cosechas para darle a su familia una mejor vida sin limitaciones algunas.

Previous Loan Details

Francisco Gomez is 51 years old and lives in his home with his three children. He makes a living in agriculture, planting corn and sorghum. He has been working in this field for 20 years of his life and this is how he makes a living each day. He is a hard working man who is responsible and very w... More from Anastacio Francisco'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
  • 698
    View loans »
    El Salvador Loans Fundraising
  • $25,086,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Anastacio Francisco to buy seeds, fertilizers, and insecticides, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 30, 2013
Listed
May 15, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014