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Jose Luis

Update on Jose Luis

José is asking for a new loan because he received good attention. Also, he needs a loan to purchase the merchandise for the shop, such as soda, juice, Gatorade, and other things that are necessary to sustain the business.

With the previous loan he things that his business grew the merchandise. His earnings have been large because his clients demanded his products. In this family are all his members.
View original language description ↓
José, solicita un nuevo préstamo porque recibió una buena atención, además necesita realizar la compra de mercadería para la tienda, como sodas, jugos, gatorade, entre otras más que son necesarias para fortalecer el negocio.
Con el préstamo anterior él considera que su negocio aumento la mercadería, sus ganancias han sido mayores porque sus clientes demandaron de sus productos, en su familia están todos sus miembros.

Previous Loan Details

José is requesting a new loan to buy merchandise for his business. He will buy soda, juice, mangoes, watermelon and cucumbers, so that he can keep his business running. José's previous loan was invested in buying products to maintain his business. He believes that his situation has improved an... More from Jose Luis'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
  • 568
    View loans »
    El Salvador Loans Fundraising
  • $23,939,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Luis to purchase soda, juice, and Gatorade.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 28, 2013