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Jose Amadeo

Update on Jose Amadeo

José wants to buy more seasonal merchandise, so he is requesting another loan because he had good experiences with the previous investments. This time he will buy plastic toys for Christmas and new clothes in blouses, dresses, and other merchandise to sell.

He and his family have improved their situation, since the family helps him in his sales so the profits are for everyone.
View original language description ↓
José, quiere comprar más mercadería de temporada por eso se atreve a solicitar otro préstamo, ya que ha tenido buenas experiencias con la inversión en anteriores, en esta ocasión comprará juguetes plásticos con fines navideños y ropa nueva en Blusas, vestidos y otra mercadería para ofrecer. El y su familia han mejorado su condición, ya que la familia le apoya en sus ventas por lo que los beneficios son para todos.

Previous Loan Details

José sells artisan crafts and sells shoes (sandals, beach shoes) has a son and a wife under his care. He has been doing his job for some time and does so by foot. At the moment, he is requesting a loan to buy necklaces, bracelets, earrings to offer them to his clients which are mostly young. José... More from Jose Amadeo'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

  • $4,900
    Average annual income
  • 641
    View loans »
    El Salvador Loans Fundraising
  • $24,120,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Jose Amadeo to buy plastic toys.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 10, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Jose Amadeo. It was first posted on Kiva on Aug, 2011. Learn More