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Balmore Galileo
Balmore lives in his own house with his wife. He has been farming for several years, and he grows corn and sorghum. With the earnings that he gets from his sales he manages to cover the household expenses.

He is requesting a loan that will allow him to be able to buy the needed supplies like compost, fertilizers, seeds, herbicides and everything needed to have a better harvest. This way he will have a better life with his wife.
View original language description ↓
Don balmore vive en casa propia con su esposa el se dedica a la agricultura desde hace varios siembra maíz y maicillo, con las ganancias que obtiene de sus ventas logar solventar los gastos de su hogar, don balmore solicita un crédito que le permita poder comprar los insumos necesarios como: abonos, fertilizantes, semillas, herbicidas, y todo lo necesario para tener una mejor cosecha y asi tener una mejor vida con su esposa.

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.

About El Salvador

  • $4,900
    Average annual income
  • 615
    View loans »
    El Salvador Loans Fundraising
  • $22,057,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Balmore Galileo to buy compost, fertilizers, seeds, and herbicides, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 22, 2013
Listed
May 28, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014