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Jose Fernando

Update on Jose Fernando

José needs a new loan to keep working, since he needs to pay for the rent of a plot of land where he will carry out the planting for the next season. He will also pay for truck service for the delivery of the previous crops to his home..

This loan will help him carry out the purchase of inputs. With the previous loan, he succeeded in carrying out his work, cultivating corn and beans. With the earnings, he has been able to help his family. He is continuing to carry out his work, supporting his children with their studies.
View original language description ↓
José, necesita un nuevo préstamo para continuar trabajando, ya que debe pagar el alquiler de un terreno donde realizara la siembra de la siguiente temporada, tambien pagara los fletes para el traslado de la siembra anterior hacia el domicilio.
Este crédito le ayudara a realizar la compra de insumos, con el préstamo anterior logro realizar su trabajo en el cultivo de maíz y frijol, con las ganancias ha logrado ayudar a su familia, él continua realizando su trabajo, apoyando a sus hijos en los estudios.

Previous Loan Details

José is a farmer who lives with his wife and three children who are 7, 9 and 12 years old. He has been growing corn and bean crops for the last 15 years. He works every day, from 6.00am to 3.00pm. José is requesting a loan to buy fertilizer and herbicides for his corn and bean crops. This… More from Jose Fernando'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
  • 616
    View loans »
    El Salvador Loans Fundraising
  • $22,145,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Fernando to rent land and pay for transport.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Jose Fernando. It was first posted on Kiva on Jun, 2012. Learn More