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Jose Rudy Agapito

Update on Jose Rudy Agapito

José has decided upon a new loan because he needs money to reap the harvest of basic grains. He will pay for machine milling to remove the kernels from the corn, and he will also rent two plots of land for the next planting season.

He believes that with his crops he has increased his production and his income, which he will use to support his family. He reports that he has improved his economic condition, and he is in very good health.
View original language description ↓
José, se decidió por un nuevo préstamo, porque necesita dinero para la recolección de la cosecha de granos básicos, pagara maquinaria para desgranar el maíz y tambien arrendara dos manzanas de terreno para la otra temporada de siembra.
Él considera que en su cultivo ha aumentado la producción y sus ingresos, que los utiliza para mantener a su familia; manifiesta que ha mejorado sus condiciones económicas y está muy bien de salud.

Previous Loan Details

José’s asking for a new loan to buy three sacks of formula and three sacks of sulfate; these are the manure that helps him prevent infestations while strengthening the plants at the same time against any possible risk that might arise during their development helping him to improve production. ... More from Jose Rudy Agapito'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
  • 656
    View loans »
    El Salvador Loans Fundraising
  • $26,134,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $425 helped Jose Rudy Agapito to rent agricultural land and to pay for machine milling of his corn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Jose Rudy Agapito. It was first posted on Kiva on Jul, 2012. Learn More