Update on Jose GudielJosé has opted for a new loan because of the good attention he received; he needs to buy farm supplies because he’s starting a new planting cycle. He will buy seven sacks of manure and pay labor costs. His previous loan increased his profits because he had a good crop yield of basic grains. His family is all well. He’s succeeded in strengthening the sale of basic grains and to increase his income thanks to the Kiva loan.
Con el préstamo anterior incremento su rentabilidad, porque tuvo una buena producción de granos básicos, en su familia se encuentran bien, ha logrado fortalecer la venta de granos básicos, aumentar sus ingresos gracias al crédito con Kiva.
Previous Loan DetailsJosé is a farmer and has five children who work with him. He learned agriculture from his father, who started taking him to the fields to work since he was very young. He has 20 years of experience working for his family. José is asking for a loan for renting 10 blocks of land because he is abou... More from Jose Gudiel'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