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Jose Gabriel

Update on Jose Gabriel

José is requesting a new loan because he believes that the support of the institution is good, and also that these loans are very helpful to him in covering his business needs.

He continues to work in his agriculture business growing crops, so he will use these funds to buy fertilizer and herbicides to apply to his new crops.

José believes that the previous loan helped him to make his farming business succeed - he achieved a good harvest which helped him to help his family.
View original language description ↓
José, está solicitando un nuevo préstamo porque considera que la atención de la institución es buena, además que estos préstamos le ayudan mucho a cubrir sus necesidades, él continúa realizando las siembras agrícolas, por eso utilizara estos fondos para comprarse abono y herbicidas para aplicarlos al nuevo cultivo.
Él considera que el préstamo anterior le ayudo para que realizara su trabajo agrícola, obtuvo buenas cosechas y con ello le ayudo a su familia.

Previous Loan Details

José lives with his wife and child. He is the only member of his family who works. José is a farmer who grows basic staples. His father taught him this trade, which he has now engaged in for many years. He does not work on a set schedule.

José will use this loan to buy fertilizers for... More from Jose Gabriel'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
  • 646
    View loans »
    El Salvador Loans Fundraising
  • $25,028,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Jose Gabriel to purchase fertilizer and herbicides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 10, 2012
Listed
Mar 10, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2012
This photo was used before for a previous loan for Jose Gabriel. It was first posted on Kiva on Oct, 2011. Learn More