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Jose Obdulio

Update on Jose Obdulio

José has decided on a new loan so that he continue growing corn. He wants to buy materials such as fertilizer, herbicides for crop diseases, and insecticides, which he uses so that he can carry out his farming work.

With the previous loan, he succeeded in getting good production. With this, he has managed to make sales and generate earnings to cover other necessities; and his family's situation is improving. He enjoys more comfortable living conditions by means of the work he does.
View original language description ↓
José, se ha decidido por un nuevo préstamo para poder continuar realizando la siembra de maíz, él quiere comprarse los materiales como el abono, herbicidas para las plagas, insecticidas, que son utilizados para poder realizar el trabajo en agricultura.

Con el préstamo anterior logró obtener una buena producción, con ella ha logrado realizar ventas y generar ganancias para cubrir otras necesidades y está con sus familiares mejorando, tiene una mejor comodidad a través del desarrollo de su trabajo.

Previous Loan Details

José lives with his wife and child and makes a living growing corn. He has worked growing corn for two years and also works as a minibus driver. With these businesses, he has succeeded in obtaining a sufficient source of income for his family. José is seeking a loan for the purchase of suppli... More from Jose Obdulio'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
  • 754
    View loans »
    El Salvador Loans Fundraising
  • $25,510,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Obdulio to buy fertilizer, herbicides and insecticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Jose Obdulio. It was first posted on Kiva on Jun, 2012. Learn More