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Jose Santos

Update on Jose Santos

José is asking for a new loan to continue improving his business because this season he sells a lot of fruit and he wants to buy oranges, watermelons, bananas, apples and strawberries to have a variety of fresh fruit available to thus increase sales and so that income will be better. The previous loan helped him a lot because his business maintains stability and sales improve. The result of the investment is that he and his family live in better conditions.
View original language description ↓
José, solicita un nuevo préstamo para seguir mejorando su negocio, puesto que en esta época se vende mucho las frutas y desea comprar: naranjas, sandia, melones, guineos, manzanas, fresas, para tener variedad de fruta fresca, y de esa manera incrementar las ventas y los ingresos sean mejores. El préstamo anterior le ayudo mucho porque el negocio se mantiene estable y en las ventas mejoraron; el resultado de la inversion es que él y su familia vive en mejores condiciones.

Previous Loan Details

José sells fruits, vegetables and fish. He lives with his wife. He learned the business because he worked as an assistant. With the many years of experience he acquired, he decided to open his own business. He is now asking for a loan to buy fruits: watermelon, bananas, grapes, tomatoes, pl... More from Jose Santos'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
  • 789
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $250 helped Jose Santos to buy fruit.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Jan 6, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2012
This photo was used before for a previous loan for Jose Santos. It was first posted on Kiva on Sep, 2011. Learn More