Update on Jose HumbertoJosé is requesting a loan to buy fertilizers for pest infestations because his plants need to be protected.
He currently has bean, chili, and tomato crops with which he hopes to have a good production. This way he will be able to have products for family consumption and to sell.
Previous Loan DetailsJosé, 58 years old, is married and lives with his wife and five children. The oldest daughter is 14 years old and the youngest is 5. They live in the Laguna canton, in the Los G. de Corinto hamlet in the town of Morazan. Jose plants vegetables and raises cattle. He learned to plant vegetables ... More from Jose Humberto's previous loan »
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.
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Success!! The loan was 100% repaid