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Jose Marcos

Update on Jose Marcos

Jose has decided to continue to work, using a loan, as he needs to invest in additional supplies in order to grow basic grain; he would purchase fertilizer and plants that he would use to protect the crops from pests. He states that his income has improved as a result of his using loans. The harvest has increased which has allowed him to buy food and clothing. Jose and his family are healthy and have improved their standard of living.
View original language description ↓
José, se ha decidido por continuar trabajando con préstamo, porque necesita invertir en mas compra de insumos para cultivar granos básicos, comprando abono y foliares, que los utiliza para que la siembra este prevenida de las plagas.
Él manifiesta que sus ingresos han sido mejor con la utilización de los créditos, aumentando la cosecha, le ha dado la capacidad para comprar alimento y vestuario; su familia y José se encuentran muy bien de salud, han mejorado su economía.

Previous Loan Details

José needs a new loan as he wishes to buy supplies such as fertilizer and herbicides for his corn and bean plants. It is from his farm income that he has managed to support himself and his family. José believes that his previous loan has had a beneficial effect on production. He also succeeded... More from Jose Marcos'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

  • $7,500
    Average annual income
  • 786
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jose Marcos to purchase fertilizer and plants.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013