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Humberto

Update on Humberto

Humberto is requesting a new loan so that he can remain active in his work and generate income for family expenses. This loan will enable him to buy farming supplies such as herbicides, insecticides, fungicides, pesticides, and corn seeds.


His previous loan helped to improve his financial condition. His family circumstances have also become optimal.

View original language description ↓
Humberto, solicita un nuevo préstamo para mantenerse activo trabajando y así obtener ingresos para los gastos familiares; este le permitirá comprar insumos agrícolas tales como: herbicidas, insecticidas, plaguicidas, pesticidas y semilla de maíz.
El crédito anterior le ayudo a mejorar las condiciones económicas y las circunstancias familiares se han optimizado.

Previous Loan Details

Humberto is a man dedicated to farming. He lives with his wife and a 12 year old nephew and raises corn and beans to support his family. He also has a coffee plantation and learned this from his father and has 50 years’ experience. He always liked this kind of work fulltime. He is asking fo... More from Humberto'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
  • 580
    View loans »
    El Salvador Loans Fundraising
  • $23,924,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Humberto to buy herbicides, insecticides, fungicides, pesticides, and corn seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 10, 2013
Listed
May 22, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014
This photo was used before for a previous loan for Humberto. It was first posted on Kiva on Jun, 2012. Learn More