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Adalberto

Update on Adalberto

Adalberto requests a new loan because he needs more working capital to invest in his corn and bean crops. This will allow him to purchase herbicide, insecticide, pesticide and compost, among other items.
The previous loan helped him to buy the supplies he needed to grow the crops, and thus he was able to support his family by providing food. His financial condition and his family's situation have improved.
View original language description ↓
Adalberto, requiere de un nuevo préstamo porque necesita más capital de trabajo para invertir en el cultivo de maíz y frijol; este le permitirá comprar herbicidas, pesticidas, plaguicidas, abono, entre otros.
El crédito anterior le ayudo a adquirir los insumos necesarios para el cultivo y así ha logrado apoyar a su familia con la alimentación; las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

Adalberto works growing corn and beans. He’s married and has three children who are 9, 12 and 16 years of age. He’s been working in agriculture 30 years working every day from 6 in the morning until 3 in the afternoon. He learned from his father and to date has had no problems; on the contrar... More from Adalberto'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
  • 751
    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 $250 helped Adalberto to purchase herbicide, insecticide, pesticide and compost, among other items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 28, 2013
Listed
Jun 12, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014
This photo was used before for a previous loan for Adalberto. It was first posted on Kiva on Oct, 2012. Learn More