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Update on Mateo

Mateo is asking for a new loan, since his previous loan provided him with many opportunities to grow his business and increase his earnings. This investment will help him to buy a cow as well as feed for his livestock, in addition to allowing him to amplify the pig pen where he raises his pigs.

With his previous loan, which he used for agricultural activities, Mateo improved his harvest of corn and beans, and was also able to raise two large pigs. Thanks to these loans, his family's circumstances have improved.
View original language description ↓
Mateo, se le presenta de optar por un nuevo préstamo, ya que el anterior le brindo muchas oportunidades de crecer e incrementar sus ganancias; esta inversión le ayudara a comprar una vaca horra, concentrado para el ganado y los cerdos; asimismo invertirá para ampliar la galera donde tiene los cerdos.
Con el crédito anterior mejoro su actividad, logro adquirir mejores cosechas de maíz y frijol, también tiene dos cerdos grandes. Gracias al crédito las circunstancias familiares han mejorado.

Previous Loan Details

Mateo is seeking a new loan so that he can invest in his business. He has succeeded in increasing the production of basic grains, cattle, and pigs. This loan will enable him to buy agricultural items such as fertilizer, herbicides, pesticides, insecticides and other things like these. He will ... More from Mateo'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
  • 642
    View loans »
    El Salvador Loans Fundraising
  • $28,178,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,000 helped Mateo to buy a cow and feed for his livestock, in addition to amplifying his pig pen.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Aug 10, 2013
Aug 23, 2013
Currency Exchange Loss:
Sep 22, 2013