Update on Jose VitelioJosé decided on another loan because he is starting to plant corn. For this he needs to buy supplies such as fertilizer, insecticide, and pesticide, which allow him to protect and better grow the corn.
He considers that these loans have allowed him to improve his job in agriculture, giving him the economic resources to cover the expense of the materials. With the previous crop he had a good experience because his harvest was abundant.
Él considera que con estos préstamos le han permitido mejorar su trabajo en la agricultura, dándole los recursos económicos para cubrir el gasto de materiales, con el cultivo anterior tuvo una buena experiencia pues su cosecha fue abundante.
Previous Loan DetailsJosé is a farmer who lives with his wife and 2 year-old son. He started farming when he was young and used to help his father. He learned the process and now this is the work that helps him to feed his family. He grows his crops on rented land and doesn't work fixed hours. José is requestin... More from Jose Vitelio'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
804View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Apr 25, 2012
- May 28, 2012
- Currency Exchange Loss:
- Dec 15, 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.