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Hugo Mauricio
Hugo is 45 years old and lives in his own home along with his life companion and their children. He grows corn and beans. Hugo has worked in agriculture for several years and has gained a great deal of experience, which has allowed him to achieve better harvests. The products he harvests are sold in the surrounding areas of his community. He has many customers who prefer to do business with him because of the quality and good prices of his products, but above all else, he provides good service.

Hugo needs to make an investment, so he is requesting a loan in order to buy seeds, insecticides, herbicides, and other supplies. He will also pay for improvements to the land where he plants his crops. Hugo has good payment references among his acquaintances. He is very responsible and is confident that he can repay the debt within the established time period. At the same time, he believes he can achieve financial stability for his household.
View original language description ↓
hugo de 45 años de edad vive en casa propia junto a su compañero de vida y sus hijos, el se dedica al cultivo de maíz y frijol, tiene varios años de trabajar en la agricultura y eso le ha regalado mucha experiencia que le permite obtener las mejores cosechas, sus cosechas las comercia en los alrededores de la comunidad, ya tiene mucha clientela que la prefiere por la calidad, los buenos precios y sobre todo por el buen servicio; el necesita invertir por eso le solicita un credito que le permita comprar semillas, insecticida, herbicida, etc. y mejorar el terreno donde realiza las siembras. Hugo tiene buenas referencias de pago por parte de sus conocidos, y es muy responsable, asegura que podrá cancelar la deuda en el periodo establecido y a la vez confía que llevara a su hogar seguridad económica.

Additional Information

More information about this loan

This loan is part of Apoyo Integral's program to help subsistence farmers located in high-risk regions of El Salvador, including coastal strips, river banks, and volcano fault lines. The program, which offers reduced interest rates, targets farmers who don't qualify for formal funding due to their low-income and geographical risk. By funding this loan, you are helping Apoyo and a local non-governmental organization extend risk-tolerant credit to even more farmers.

About Apoyo Integral

Apoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.

Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.

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About El Salvador

  • $4,900
    Average annual income
  • 574
    View loans »
    El Salvador Loans Fundraising
  • $23,939,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Hugo Mauricio to buy seeds, insecticides, herbicides, and other supplies, and to pay for improvements to his land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 20, 2014
Listed
Apr 3, 2014
Currency Exchange Loss:
N/A
Ended:
Mar 26, 2015