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Jose Rudy

Update on Jose Rudy

Currently, José is managing his workshop part-time and also selling fruits and vegetables on a wholesale basis. He travels to other areas to make his sales. He needs another loan to continue working with the fruit selling business, buying fruits such as mangoes, tamarind, bananas, etc. His reason for requesting another loan is that he needs to invest more and improve his sales.

The previous loan was of great help to him, since it allowed him to invest in his workshop, buying the tools he needed for his work. His circumstances have improved, and his family is doing better economically.
View original language description ↓
José, hoy en dia, administra a parte del taller, una venta de frutas y verduras al mayoreo, transportandose para otras zonas de venta, él necesita otro crédito para continuar trabajando con la venta de frutas al como lo es: mango, tamarindo, guineo, etc; el motivo de solicitar otro préstamo es porque necesita invertir más y mejorar las ventas.
El crédito anterior fue de gran ayuda ya que le permitió invertir en el taller comprandose las herramientas necesaria para trabajar, sus circunstancias han cambiado, los familiares económicamente están mejor.

Previous Loan Details

José runs an electronic equipment repair shop. He lives with his wife and two children. His family depends on him. He learned this work on his own initiative, working in his house at home. He does not have a fixed schedule. He is requesting a loan to buy tools for work, since he has to buy... More from Jose Rudy'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
  • 666
    View loans »
    El Salvador Loans Fundraising
  • $24,126,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Jose Rudy to buy mangoes, tamarind, bananas and other fruits to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 25, 2013
This photo was used before for a previous loan for Jose Rudy. It was first posted on Kiva on Dec, 2011. Learn More