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Jose Amadeo

Update on Jose Amadeo

José has opted for another loan to continue doing his agricultural work. He will buy supplies like manure, herbicide and seeds because he’s planning on planting squash and corn. This loan will help him have everything he needs to do his work. He was able to use the previous loan to buy what he needed and the effect was positive in that he was able to plant. Today, he will be planting one and a half manzanas [Central American unit of land measurement] of land. His family has maintained a good economic level and his corn crop yield was quite acceptable.
View original language description ↓
José, está decidido por un préstamo continuando con la preparación del trabajo agrícola, se comprara los materiales como el abono, herbicidas, semillas, ya que se dispone a trabajar el cultivo de pipián y maíz, este préstamo le servirá para que él se mantenga con todo lo necesario para realizar su trabajo.
En su préstamo anterior, logro comprarse lo necesario con los fondos prestados, teniendo un efecto positivo ya que hizo la respectiva siembra, hoy quiere realizarla en manzana y media de terreno, su familia ha mantenido un buen nivel en lo económico, su producción de maíz estuvo bastante aceptable.

Previous Loan Details

José is a farmer who lives in his own house with his son. He earns his living growing corn and beans. He manages to live on the harvest and the sales help him bring in even more profit. José is getting ready to start planting corn and plans to use this loan to buy farming supplies, includi... More from Jose Amadeo'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
  • 632
    View loans »
    El Salvador Loans Fundraising
  • $24,061,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Jose Amadeo to buy manure, herbicide and seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 4, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Jose Amadeo. It was first posted on Kiva on Feb, 2012. Learn More