Update on Jose AbelJosé wants to continue with agricultural activities, and for that reason he is asking for a loan in order to purchase necessities for planting corn and beans (various fertilizers), since he is preparing for a new crop.
With the previous loan he was able to purchase the necessary items for his crops and he had good results in the production of the harvest, giving him the opportunity to continue improving his work through credits. This credit will also assist his family.
Con el préstamo anterior logro comprarse lo necesario para el cultivo y le dio buenos resultados en la producción de la cosecha, dándole la oportunidad de seguir mejorando su trabajo a través de los créditos, con esto tambien se beneficia su familia.
Previous Loan DetailsJosé lives with his wife and two children, aged 15 and 12. He has been working growing corn and beans for the last fifteen years. His father taught him this trade, and he works every day from Monday through Friday. The loan will be used to buy fertilizers and manure, and to rent the fields w... More from Jose Abel's previous loan »
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
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Apr 11, 2012
- May 16, 2012
- Currency Exchange Loss:
- Nov 16, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.