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Jose Luis

Update on Jose Luis

Jose, se ha decidido por un nuevo préstamo, ya que tiene el objetivo de realizar la elaboración de redes de pesca para esto necesita este financiamiento comprándose hilo, cáñamo, y Marcos, que son necesarios para poder elaborar las redes.
El manifiesta que el préstamo anterior le abrió las posibilidades para mejorar su actividad, esto le ha atraído más clientes y por lo mismo ha tenido mejores ganancias.
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Jose, se ha decidido por un nuevo préstamo, ya que tiene el objetivo de realizar la elaboración de redes de pesca para esto necesita este financiamiento comprándose hilo, cáñamo, y Marcos, que son necesarios para poder elaborar las redes.
El manifiesta que el préstamo anterior le abrió las posibilidades para mejorar su actividad, esto le ha atraído más clientes y por lo mismo ha tenido mejores ganancias.

Previous Loan Details

Jose makes a living repairing nets and making hammocks. He lives with his wife and his two children of 21 and 25 years of age. Jose started his business 20 years ago, when he was working on fishing boats. This work has allowed him to provide the necessities such as clothing and food to his chi... More from Jose Luis'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
  • 469
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Jose Luis to buy supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
Jun 10, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Jose Luis. It was first posted on Kiva on Jun, 2011. Learn More