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Jose Geronimo

Update on Jose Geronimo

José needs a new loan to strengthen his business. He needs to buy chemical and natural fertilizers, herbicide, and insecticide in order to start his corn and bean crops.

This loan will help him to have the resources that he needs so that he is able to keep working.

The previous loan helped José buy a grazing cow. This has helped him improve a problem for his family. His financial situation is currently stable, and he wishes to continue working.
View original language description ↓
José, necesita un nuevo crédito para el fortalecimiento de su negocio el necesita comprarse una vrea, y también abono, herbicidas, insecticidas para iniciar sus cultivos de maíz y frijol. Este préstamo le ayudara a darle los recursos necesarios para que el pueda seguir trabajando.
El préstamo anterior le ayudo a José para comprarse ganado de repasto esto le a ayudado a mejor algún inconveniente a su familia, por el momento su situación económica esta estable con deseos de seguir trabajando.

Previous Loan Details

José lives in San Carlos, in the department of Morazán, and his business is farming and ranching. He lives with his wife and children. He works buying and selling cattle, and he also grows corn. He is requesting a loan to buy a cow and also to pay the rent for the land he will farm this year. ... More from Jose Geronimo'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

  • $7,500
    Average annual income
  • 743
    View loans »
    El Salvador Loans Fundraising
  • $26,180,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Geronimo to buy chemical and natural fertilizers, herbicide, and insecticide.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 19, 2012
Listed
May 26, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 19, 2013
This photo was used before for a previous loan for Jose Geronimo. It was first posted on Kiva on Apr, 2011. Learn More