Update on JoseJosé is requesting a loan to buy agricultural supplies because he's doing another planting and will buy fertilizer, seed, and herbicide, and pay for labor and cutting the sesame plants. This loan will help him improve his working conditions.
With the previous loan he managed to grow corn on three manzanas of land, but he had a loss from the lack of water in the area. This time he was affected because his income dropped. His desire is to continue with his crops and support his family.
Con el préstamo anterior logro cultivar maíz en tres manzanas de terreno, pero tuvo una perdida ocasionada por la falta de agua en la zona, en este tiempo se vio afectado porque sus ingresos disminuyeron, su deseo es seguir realizando la siembra y apoyar a su familia.
Previous Loan DetailsJosé is requesting a new loan so that he can buy farming supplies such as compost, seeds, and herbicides. He will also pay hired hands to prepare the land. This will enable him to start the farm work required for planting squash.
José says that his previous loan resulted in a very produ... More from Jose'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
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Nov 20, 2012
- Dec 6, 2012
- Currency Exchange Loss:
- Mar 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.