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Jose Tomas

Update on Jose Tomas

José is requesting a new loan because he wants to continue growing. He will buy comforters, pillows, fans, and various types of clothing. This will help him remain competitive in his business. His intention is to make progress in his business.


With his previous loan, José was able to increase his earnings and today he is still in the market. His income for covering family and personal expenses has improved.

View original language description ↓
José, solicita un nuevo préstamo, pues quiere seguir creciendo comprara cubrecamas, almohadas, ventiladores, ropa variada, esto le ayudara para que su negocio se mantenga competente.
Su intensión es que este negocio progrese, con el anterior logro aumentar sus ganancias para que hasta hoy se mantenga en el mercado, sus ingresos para los gastos familiares y personales han mejorado.

Previous Loan Details

José is single and lives with his mother. He earns a living by selling bedding and in this way helps his mother cover household expenses. He works seven days a week selling his wares in nearby neighbourhoods. José is seeking a loan to buy bedding in different colours since that is what his cus... More from Jose Tomas'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
  • 563
    View loans »
    El Salvador Loans Fundraising
  • $23,916,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Jose Tomas to buy comforters, pillows, fans, and various types of clothing.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
May 18, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013