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Jose Wilfredo

Update on Jose Wilfredo

Jose is undertaking a new harvest. He needs money to buy 5 sacks of fertilizer, a bag of herbicides, and payment for farm labor, so he is asking for a new loan in order to cover his agricultural expenses. He expects that his profits will increase with production. Thanks to his previous loan, he has increased his income and lives very well with his family.
View original language description ↓
José, está realizando una nueva siembra, necesita dinero para comprarse 5 sacos de abono y una bolsa de herbicidas y pago de mano de obra, por eso solicita un nuevo préstamo para realizar la compra de los insumos agrícolas.
Considera que su rentabilidad con la producción aumento, debido al uso del préstamo anterior, ha mejorado los ingresos y vive muy bien con su familia.

Previous Loan Details

José is a farmer and he plants maize and beans. He is 19 years old, he has no children and lives in his family in their own house. His father taught him to work as a farmer, and he has been working on his own for the past three years. He is requesting a loan to buy agriculture supplies: he is… More from Jose Wilfredo'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
  • 446
    View loans »
    El Salvador Loans Fundraising
  • $22,660,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Wilfredo to buy 5 sacks of fertilizer, a bag of herbicides, and payment for farm labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 15, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Jose Wilfredo. It was first posted on Kiva on May, 2012. Learn More