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Update on Fidel

Fidel decided to get another loan to invest in his crops because in his experience the loans help him do his job. He pays back the loan with his profits.

Currently he's going to buy pipián squash seeds, foliar fertilizer, and other supplies he needs for this planting.

With the previous loan he was able to buy what he needed and apply it to the crop, and he earned good profits. He has managed to have enough to support his family. The make-up of his family has not changed but its financial system has.
View original language description ↓
Fidel, se decidió por un nuevo préstamo para invertir en sus cultivos, pues su experiencia es que los prestamos le ayudan a realizar su trabajo, de sus ganancias paga dicho préstamo, actualmente comprara semillas de pipián, foliares, y otros insumos necesarios para esta siembra.
Con el préstamo anterior logro comprar lo necesario y aplicarlo al cultivo, saco buenas ganancias, ha logrado tener para la alimentación de su familia, la composición familiar no ha cambiado pero si su sistema económico.

Previous Loan Details

Fidel devotes himself to corn planting and he has been doing agricultural work for the last fifteen years. Additionally, he works in security, working two jobs for the better functionality of his home. He lives with his wife and three children ages 17, 13 and 10 years old. The children take pa... More from Fidel'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
  • 716
    View loans »
    El Salvador Loans Fundraising
  • $29,653,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $150 helped Fidel to buy pipián squash seeds and foliar fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 10, 2012
Dec 4, 2012
Currency Exchange Loss:
Jun 18, 2013
This photo was used before for a previous loan for Fidel. It was first posted on Kiva on Jul, 2012. Learn More