Update on Jose AntonioJose Antonio is a very hard-working young man of 23 who lives with his partner and has two children. He lives in his own home which is located in the rural part of North Peru. Jose Antonio's business is providing a public transport service with his motorcycle taxi, transporting passengers to nearby villages. In addition, he also keeps sheep and turkeys. He has been in his business for more than five years and his partner supports him in his work.
The service that Jose Antonio provides is particularly important because it connects people from the rural part of the district with other communities. He is now looking to take out a loan to invest in buying feed for his livestock so that he can sell them at a better price. He would also like to service his motorcycle taxi. Jose has already shown his responsibility by repaying his previous Kiva loan through Edpyme Alternativa punctually.
El servicio que presta Jose Antonio es particularmente importante dado que conecta a gente de la parte rural del distrito con otras comunidades. Jose ahora busca un crediro que invertirá en la compra de alimentos para ganado y así venderlos a un mejor precio, ademas de realizar mantenimiento de su mototaxi. Jose ya ha demonstrado su responsabilidad anterior mente con el puntual pago del prestamo anterior con Edpyme Alternativa con el apoyo de Kiva.
Previous Loan DetailsJosé is 23 years old and lives in his own home with his wife and child. The only service he receives is electricity. José resides in the District of Tambogrande, which is part of the Department of Piura. This area is known for agriculture, livestock breeding, and handicrafts.
José has ... More from Jose Antonio'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.
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- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- May 23, 2012
- Jun 25, 2012
- Currency Exchange Loss:
- Jul 25, 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.