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

Update on Orlando

Orlando is applying for a new loan because he needs working capital to continue investing in the cultivation of basic crops. This will allow him to buy compost, insecticides, and pesticides, among other items.

The previous loan helped him to acquire agricultural supplies for growing corn and beans. The economic conditions and circumstances of his family have improved.
View original language description ↓
Orlando, solicita un nuevo préstamo porque necesita capital de trabajo para seguir invirtiendo en el cultivo de granos básicos; este le permitirá comprar abono, insecticidas, plaguicidas, pesticidas, entre otros.
El crédito anterior le ayudo a adquirir los insumos agrícolas para el cultivo de maíz y frijol; las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

Orlando is requesting a new loan because he is going to plant more corn and bean crops. In order to do this, he must rent the land in which the crops will be planted. The requested loan will provide him with the necessary money to complete the work of planting the corn and bean crops. The pre... More from Orlando's previous loan »

Additional Information

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
  • 683
    View loans »
    El Salvador Loans Fundraising
  • $25,072,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Orlando to buy compost, insecticides, and pesticides, among other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 19, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Orlando. It was first posted on Kiva on Feb, 2013. Learn More