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Carlos Gilbel

Update on Carlos Gilbel

Carlos needs more working capital to continue cultivating basic staples such as beans and corn. This loan will allow him to buy the farming tools that he needs, including: fertilizer, herbicides, pesticides, and fungicides.
His previous loan helped him to acquire agricultural supplies for the sowing season. His income increased and he used it to support his family. Their economic conditions and family circumstances have improved.
View original language description ↓
Carlos, se le presenta la necesidad de mas capital de trabajo para continuar en el cultivo de granos básicos tales como: frijol y maíz; este le permitirá comprar los insumos agropecuarios precisos, entre estos: abono, herbicidas, pesticidas, plaguicidas.
El crédito anterior le ayudo a adquirir los materiales agrícolas para la siembra, aumentaron los ingresos y ello las utilizo para aportar a su familia; las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

Carlos is requesting a new loan to begin his agricultural work. He plans to purchase materials like fertilizer and herbicides, which are very necessary to prevent plagues to his corn and bean crops. The previous loan helped him buy materials to apply to his crops, through which he achieved a good... More from Carlos Gilbel'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

  • $7,500
    Average annual income
  • 786
    View loans »
    El Salvador Loans Fundraising
  • $26,231,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $500 helped Carlos Gilbel to buy fertilizer, herbicides, pesticides, and fungicides..
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 24, 2013
May 31, 2013
Currency Exchange Loss:
Jun 30, 2013
This photo was used before for a previous loan for Carlos Gilbel. It was first posted on Kiva on Jun, 2012. Learn More