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Jose Mauricio

Update on Jose Mauricio

José has decided to request a new loan so that he can invest in his tailoring shop. He will buy a variety of fabrics for making trousers since he has a contract with the central school system. This loan will help him complete the order on time.


José says that his previous loan was a great help since he was able to buy necessary materials for sewing. He has been able to fulfill his commitments and now has a stable business. He hopes to remain productive and have better capacity to respond to orders.

View original language description ↓
José, se ha decidido por un nuevo préstamo para poder realizar la inversión en la sastrería, comprandose una variedad en telas para confeccionar pantalones, pues tiene un contrato con los centros escolares y este préstamo le ayudará para poder cumplir en los plazos.
El manifiesta que el préstamo anterior fue un gran apoyo ya que logró comprarse los materiales necesarios para la costura, ha logrado salir con sus compromisos y hasta el momento se encuentra estable en el taller, espera seguir siendo productivo y poder tener mayor capacidad de respuesta.

Previous Loan Details

José lives with his wife and daughter. He’s a tailor. He makes pants and shirts for children and men. He’s been in this occupation for 12 years. He learned working in haute couture shops and now he has his own shop; he does not have a fixed work schedule. He will use the loan to buy ... More from Jose Mauricio'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
  • 471
    View loans »
    El Salvador Loans Fundraising
  • $23,127,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Jose Mauricio to buy fabrics.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 16, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2012