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Sarvelio

Update on Sarvelio

Sarbelio is once again asking for a loan to buy agricultural supplies (seed, manure, herbicide, etc.) to have everything necessary to plant. He obtained a larger crop yield with the previous loan and his profits and his clientele increased. His family still has the same number of members and they are all healthy. Their nutrition is better and his business is larger; he continue working to get ahead.
View original language description ↓
Sarbelio, nuevamente está solicitando un préstamo para comprar insumos agrícolas (semilla, abonos, herbicidas, etc.), para tener todo listo para sembrar. Con la inversión anterior él tuvo una cosecha más grande, sus ganancias aumentaron y tiene más clientes.
Su familia cuanta con el mismo número de integrantes, están todos saludables, tienen una alimentación mejor, su negocio es más amplio y sigue trabajando para para salir adelante.

Previous Loan Details

Sarvelio makes a living in agriculture and livestock. He is 30 years old, in a relationship and lives in his own home. He farms and raises livestock to cover household expenses, since he is the only one who works to make headway for the family. He learned the trade from his parents from a young age… More from Sarvelio'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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 660
    View loans »
    El Salvador Loans Fundraising
  • $22,073,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Sarvelio to buy agricultural supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 14, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014