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Leonardo

Update on Leonardo

Leonardo, 59, is married and has three children. He has made a living in agriculture for 32 years. Previously he grew cotton. His father taught him these activities when he was very young.

Several neighbors get together to buy the agricultural inputs, sharing the transportation costs because they pay a private vehicle to make the 43-kilometer trip for them.

The loan he's requesting from Fundación Campo is to buy pesticide, herbicide, seed, and soil amendments, and to pay for labor to grow corn, beans, and sorghum. With the investment he'll grow his crops on time, because winter is coming and his harvest will be good if he plants now.

His dream is to continue working very hard to give his family everything they need to live and to give his children an education so they'll be good professionals. He also wants to grow other crops such as bananas and watermelon.
View original language description ↓
Leonardo tiene 59 años de edad, esta acompañado y tiene tres hijos. Desde hace 32 años se dedica la agricultura; antes cultivaba algodón, estas actividades se las enseño su padre desde que era muy pequeño. Para comprar los insumos agrícolas, se reúnen varios vecinos, para compartir los gastos de trasporte ya que pagan un vehiculo particular para que les realice el viaje que son 43 kilómetros.

El préstamo que esta solicitando a Fundación Campo, es para comprar pesticidas, herbicidas, semilla, abono y pago de mano de obra para cultivar maíz, fríjol y maicillo. Con a inversión cultivara a tiempo, ya que el invierno esta muy cerca y si siembra en este momento su cosecha será buena. Su sueño, es continua trabajando muy fuerte, para brindar a su familia todo lo necesario para vivir y brindar a sus hijo educación para que sena unos profesionales. Además, desea sembrar otros cultivos como, plátano, sandia.

Previous Loan Details

Leonardo is 57 years old, lives with his life partner, three of their seven children, and one grandson. His uncles taught him to earn his daily bread as a farmer, and now he has been doing that work for 20 years. Previously he worked as a day laborer. To buy his supplies, Leonardo must walk fi... More from Leonardo's previous loan »

Additional Information

About CrediCampo

This loan is administered by CrediCampo, a Kiva Field Partner in El Salvador. CrediCampo seeks to improve the lives of rural communities and their families in areas including health, education, basic services, and infrastructure. Through its Community Development Unit, CrediCampo provides scholarships, leadership development training, and financial education programs for families in rural areas. CrediCampo’s work is crucial in addressing the issue of poverty in El Salvador. Based on 2009 estimates, 37.8% of the population lives below the poverty line. To learn more about CrediCampo and their work, visit their partner page.

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

  • $7,500
    Average annual income
  • 742
    View loans »
    El Salvador Loans Fundraising
  • $26,264,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Leonardo to buy pesticide, herbicide, seed, and soil amendments, and to pay for labor.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 15, 2013
Listed
May 22, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014