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Benjamin Meliton

Update on Benjamin Meliton

Benjamín is requesting a new loan because he is beginning to harvest corn, sorghum, and beans. Also, he will prepare the land that he has decided to cultivate. He will invest in buying fertilizer, improved seed, herbicides, and also in the preparation of the land. This investment will help him have better job security.

The effect of the last loan helped him since he had good production of basic grains. At this moment, he still has stock from that production, meaning that his investment had a good result and generated profits and food for his family.
View original language description ↓
Benjamín, está solicitando un nuevo préstamo ya que inicia el cultivo de maíz, maicillo y frijol, además preparará el terreno en el cual se ha decidido cultivar, el invertirá en la compra de abonos, semilla mejorada, herbicidas y también en la preparación de la tierra, esta inversión le ayudará para tener mayor seguridad en su trabajo.
El efecto que tuvo con el préstamo anterior le ayudó pues obtuvo una buena producción de granos básicos, hasta el momento todavía tiene reservas de esa producción, significando para él un buen resultado de esta inversión, esto le generó ganancias a su familia y la alimentación.

Previous Loan Details

Benjamin is a farmer who lives with his wife and daughter. His crops include corn, sorghum, beans, and tobacco. Benjamin has been growing these crops for many years. He learned to farm as a young man by working alongside his father. The loan he is requesting will be used to rent five add... More from Benjamin Meliton'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
  • 579
    View loans »
    El Salvador Loans Fundraising
  • $31,742,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Benjamin Meliton to buy fertilizer, improved seed, herbicides, and to prepare the land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 16, 2012
Jun 12, 2012
Currency Exchange Loss:
May 18, 2013
This photo was used before for a previous loan for Benjamin Meliton. It was first posted on Kiva on Jun, 2011. Learn More