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Jose Vidal

Update on Jose Vidal

José has decided upon a new loan due to the need to invest more in his business. He will buy fertilizer to finish fertilizing the rotating crops which are currently growing. This will serve as an added factor to strengthen his plantings, and he will also apply insecticides and pesticides.

The previous loan permitted him to grow and have what he needed to work and cultivate his crops. Through this work he is able to maintain his family in adequate conditions and earn the income he needs.
View original language description ↓
José, se ha decidido por un nuevo préstamo por la necesidad de invertir más en el negocio, se comprara abono para terminar de abonar la milpa que tiene en crecimiento, sería como un complemento para fortalecer la plantación, así tambien le aplicara insecticidas y pesticidas.
El préstamo anterior le permitió crecer y tener lo necesario para trabajar, realzando su cultivo, a través de este trabajo logra tener en su familia las condiciones adecuadas y los ingresos necesarios.

Previous Loan Details

José lives with his wife, his mother and brothers, all who work in the family. He is a farmer, who began to plant only maize and beans, which serves to feed them and also to be sold, generating cash income. He is requesting a loan to purchase agricultural inputs such as seed, manure and fertili... More from Jose Vidal'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
  • 725
    View loans »
    El Salvador Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Jose Vidal to buy fertilizer, insecticides and pesticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2013
This photo was used before for a previous loan for Jose Vidal. It was first posted on Kiva on Dec, 2011. Learn More