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Jose Candelario

Update on Jose Candelario

José decided to apply for this loan because he needs working capital to buy inventory and diversify by selling shellfish. He will use the loan to buy seafood, shrimp, and more to sell to his customers. He says his previous loan was very important because he was able to increase his business and help his family. His children are continuing their education, are eating better, and are healthy.
View original language description ↓
José, se decidió solicitar el siguiente crédito porque necesita más capital de trabajo para ampliar la mercadería y diversificarla en cuanto a la venta de mariscos.
El dinero lo invertirá en la compra de pescado, camarones y otros para la venta a sus clientes, manifiesta que el crédito anterior le dio efectos muy importantes ya que el fortalecimiento de su negocio ha dejado resultados favorables para el hogar, sus hijos continúan con sus estudios y tienen una mejor alimentación y salud.

Previous Loan Details

José lives with his three children, ages 8, 10 and 12, and his wife. He has been selling fish and shrimp for 15 years, working every day from 5:00 a.m. until 3:00 p.m. So far, he has not run into any inconveniences in his work. He is requesting a loan to buy different kinds of fish and diffe... More from Jose Candelario'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
  • 697
    View loans »
    El Salvador Loans Fundraising
  • $26,095,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Candelario to buy seafood and shrimp.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014
This photo was used before for a previous loan for Jose Candelario. It was first posted on Kiva on Jul, 2012. Learn More