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Jose Eliseo

Update on Jose Eliseo

José decided to apply for a new loan so that he could invest in his business. His intention is to grow his farm by purchasing small chickens for fattening. This will increase his potential in hopes of generating more sales.


His previous loan resulted in improvements to the facilities on his farm. He purchased materials and was able to grow his farm, which strengthened his sales and improved his family's financial earnings.

View original language description ↓
José, se ha decidido por un nuevo préstamo para invertirlo en el negocio, su intención es crecer en la granja comprándose pollos de engorde pequeños para engordarlos, esto aumentara su potencial y espera poder aumentar con ello sus ventas.
El efecto que tubo con el préstamo anterior fue mejorar las instalaciones de la granja, comprandose los materiales y ademas logro crecer en la granja, teniendo el fortalecimiento en sus ventas, y los ingresos económicos en su familia han sido mejor.

Previous Loan Details

Don José is a 56 year old man who resides in San Francisco Gotera, in the Department of Morazán. He lives with his wife, 5 children and 1 grandson. Don José makes his living raising poultry. He buys young chicks and feeds them up over 8 weeks, giving them vitamins, antibiotics and food, so that t... More from Jose Eliseo'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
  • 462
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,200 helped Jose Eliseo to buy small chickens for fattening.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 30, 2012
Listed
May 29, 2012
Currency Exchange Loss:
N/A
Expired:
Jun 28, 2012
This photo was used before for a previous loan for Jose Eliseo. It was first posted on Kiva on Jan, 2011. Learn More