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Juan Jose

Update on Juan Jose

Juan has decided to get a new loan because he thinks he has been able to improve with these loans. Now he is requesting a loan to pay the employees to harvest the corn crop. This is the second harvest that he has done through a loan. This will help him make the production be enough for his home.

He considers that the loan helps him get what he needs to be able to develop his agricultural business.
View original language description ↓
Juan, se ha decidido por un nuevo préstamo ya que considera que con estos préstamos ha logrado mejorar, en esta ocasión solicita para el pago de mozos para la recolección de la cosecha de maíz,esta es su segunda cosecha, que logra sacar a traves de financiamiento, esto le ayudara para hacer llegar la producción hasta su vivienda.
El considera que el préstamo le ayuda para obtener lo necesario y poder desarrollar su actividad agricola.

Previous Loan Details

Juan lives with his wife and their two children. He is a farmer and he grows basic grains such as beans and maize. He learned this activity from his parents fifteen years ago, and he works Mondays to Sundays from 7 am to 3 pm. The loan he is requesting will be used to pay for laborers that will ... More from Juan Jose'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
  • 650
    View loans »
    El Salvador Loans Fundraising
  • $24,202,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $125 helped Juan Jose to pay employees to harvest the corn crop.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 12, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012
This photo was used before for a previous loan for Juan Jose. It was first posted on Kiva on Dec, 2011. Learn More