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Jose Damian

Update on Jose Damian

José has decided to request a new loan since the planting season is beginning and he needs to rent land and buy fertilizer for his corn and bean crops.

He believes the loans have helped him carry out his work more easily, and he has obtained good results which contribute toward a better lifestyle for his family.
View original language description ↓
José, se ha decidido por un nuevo préstamo, ya que está iniciando la temporada de sembrar, para esto necesita arrendar el terreno y la compra de abono, para poder realizar el cultivo de maíz y frijol.
El considera que estos préstamos le han servido para desarrollar su trabajo con mayor facilidad y ha recibido muy buenos resultados, ayudando a su familia para estar mejor.

Previous Loan Details

José is a farmer. He grows corn and beans and also raises livestock. He lives in the company of his wife and two-year-old son. José has worked with livestock and in farming for ten years having learned from his father; to date he’s happy with his occupation. He is currently asking for a loa... More from Jose Damian'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
  • 629
    View loans »
    El Salvador Loans Fundraising
  • $24,061,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Jose Damian to rent land and buy fertilizer for his crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 7, 2012
Listed
Mar 9, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012
This photo was used before for a previous loan for Jose Damian. It was first posted on Kiva on Jul, 2011. Learn More