Update on Jose EdilbertoJose is requesting a new loan so that he can begin cultivating one plot of corn and one-half plot of beans. He will also pay for maintenance of his vehicle. Jose will buy compost and pesticides for his corn and bean crops and also pay for vehicle repairs.
His previous loan was helpful because he was able to improve his home and provide better conditions for his family. The loans have also helped to improve his farming conditions so that he can produce food for his family. In addition, he has been able to keep his home in adequate condition and maintain his vehicle so that it continues to operate well.
Con el préstamo anterior logró tener un efecto ayudando de mejorar la vivienda y teniendo en mejores condiciones a su familia, los préstamos están ayudando a mejorar sus condiciones para la producción de alimento de su familia, para las condiciones adecuadas de la vivienda y para mantener su medio de transporte en buenas condiciones.
Previous Loan DetailsJosé devotes himself to providing services as the driver of a moto-taxi, giving rides to people from the area. He lives with his wife and a six-year-old daughter. He has worked for two years with his own means of transport, every day of the week from 6 a.m. to 6 p.m. Currently he needs to purc... More from Jose Edilberto'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
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- Repayment Term
- 26 months (Additional Information)
- Repayment Schedule
- Jun 27, 2012
- Jul 19, 2012
- Currency Exchange Loss:
- Aug 18, 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.