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Mario Alcides

Update on Mario Alcides

Mario needs a new loan in order to invest in the purchase of improved seed for planting. He also wants to take advantage of the loan in order to invest part in the purchase of corrugated plates or zinc sheets for the roof of his home. He thinks that the loans have been of great help. The previous one helped him to purchase agricultural products, and now he hopes that this new loan will help him to continue improving.
View original language description ↓
Mario, necesita un nuevo préstamo para invertirlo en la compra de semilla mejorada para el cultivo, tambien quiere aprovechar el préstamo para invertir una parte en la compra de láminas para el techo de la vivienda.
El considera que estos préstamos son de mucha ayuda, el anterior le ayudo para comprarse los insumos agrícolas, ahora espera que esta nueva deuda le ayude a seguir mejorando.

Previous Loan Details

Mario grows corn and works in a corral. He lives with his wife and two children. Currently he has planted corn on an acre and a half of land, so the crop field is large and will require a lot of his time. Also in the mornings he is a corral worker. For now, Mario needs to buy two sacks of f... More from Mario Alcides'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
  • 514
    View loans »
    El Salvador Loans Fundraising
  • $31,744,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $275 helped Mario Alcides to purchase improved seed and corrugated plates or zinc sheets for the roof of his home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 13, 2012
Mar 10, 2012
Currency Exchange Loss:
Mar 18, 2013
This photo was used before for a previous loan for Mario Alcides. It was first posted on Kiva on Nov, 2011. Learn More