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Wilberto

Update on Wilberto

Wilberto is requesting a new loan in order to buy chickens and feed for his birds. In addition, he will buy laminate sheets for improving the infrastructure of his home.

His previous investment helped to strengthen his business and improve his financial situation. As a result, he was able to meet his family needs. Today he has a small farm that generates extra income.
View original language description ↓
Wilberto, solicita un nuevo crédito para comprar pollos y alimento para los mismos, así como también láminas para mejorar la infraestructura del hogar.
La inversión anterior le ayudo a fortalecer el negocio para mejorar su economía y cumplir con las necesidades de su familia. Hoy cuenta con un apequeña granja la que le da ingresos extras.

Previous Loan Details

Wilberto is a farmer and an employee. He lives with his wife and children. Wilberto learned how to farm from his father, who taught him the whole process. He has been farming for his family for 12 years. Wilberto is currently starting to sow his crops. He is requesting a loan to buy the f... More from Wilberto'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

  • $7,500
    Average annual income
  • 659
    View loans »
    El Salvador Loans Fundraising
  • $26,134,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $900 helped Wilberto to buy chickens, poultry feed, and laminate sheets for home improvements.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2014
Listed
Feb 6, 2014
Currency Exchange Loss:
N/A
Expired:
Mar 8, 2014