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Jose Miguel

Update on Jose Miguel

Jose is requesting this new loan in order to begin a new planting cycle, planting corn and pumpkins. This loan will be used to buy fertilizer and herbicides, which will help to establish his plants and fight off diseases.
Jose had a good experience with his last loan. He had a good harvest and was able to feed his family.
View original language description ↓
José, está solicitando un nuevo préstamo porque desea iniciar con su labor agrícola, sembrando nuevamente maíz y pipián, este préstamo lo utilizara para la compra de abono y herbicidas, los cuales utiliza para fortalecer la plantación así como para prevenirla de plagas.
La experiencia de José con el préstamo anterior fue muy buena, recibiendo buenas cosechas para poder sustentar la alimentación de su familia.

Previous Loan Details

José Miguel is an enthusiastic man who is very committed to his work. He is 52 years old and lives in Jiquilisco, in Usulután department, with his wife and children. He works in agriculture, growing corn and vegetables. He sells his crops and also uses some for his family's own consumption. ... More from Jose Miguel'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
  • 704
    View loans »
    El Salvador Loans Fundraising
  • $25,104,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Miguel to buy fertilizer and herbicides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 28, 2012
Listed
Mar 12, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Jose Miguel. It was first posted on Kiva on Dec, 2010. Learn More