Update on Jose ReynaldoJosé is requesting a new loan to continue investing in agricultural work. On this occasion he will use six sacks of manure and also herbicides and pesticides.
He’s had an accident playing soccer. He was enjoying himself with his friends and neighbors when he fractured his hand. The new planting he’ll undertake will actually be done by his brothers and sisters because it’s hard work he’s unable to do at present. Part of the loan will also be used to cover some of the cost of his hand’s treatment.
He got positive results from his previous loan; he expanded crop capacity thus obtaining larger yields. His hope is to overcome the situation he’s going through at present and to continue working with Kiva loans.
Con el préstamo anterior logró tener un efecto positivo, expandiendo la capacidad de la siembra, logrando sacar una mejor producción, su aspiración es salir de esta situación que actualmente atraviesa y continuar trabajando con los préstamos de kiva.
Previous Loan DetailsJosé is a farmer. He lives with his family and has his own house. He has worked in agriculture for ten years. He learned it from his family, and today he takes care of himself with this job, to keep himself busy and to sell the harvest and generate income. He is requesting a loan to pay the... More from Jose Reynaldo'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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Success!! The loan was 100% repaid