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Jose Abdubar

Update on Jose Abdubar

José has decided to invest in staple crop production. He is applying for a new loan to rent three manzanas of land for two years and to buy agriculture supplies for his crops. José has increased his production and has developed his farming skills. His earnings have helped his family, and together they have improved their financial situation.
View original language description ↓
Jose, se ha decidido por invertir en los granos básicos, por eso solicita un nuevo préstamo que le permita pagar el alquiler del terreno, que será tres manzanas la cual pagará por dos años, así también comprará insumos agrícolas para aplicarlos al cultivo.

José, comenta que su producción está incrementando, que la agricultura para él la está desarrollando de una mejor manera, las utilidades que ha recibido le han servido para poder ayudar a su familia y juntos mejorar las condiciones económicas.

Previous Loan Details

José is seeking a new loan for the purchase of 1200 chile plants, along with compost and fertilizer. He is starting to plant for the new season, which he hopes will bring an abundant harvest. With his previous crop he was able to achieve a good harvest, which helped him to improve his family's f... More from Jose Abdubar'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
  • 604
    View loans »
    El Salvador Loans Fundraising
  • $24,919,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jose Abdubar to rent land and buy agricultural supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 19, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Jose Abdubar. It was first posted on Kiva on Jun, 2012. Learn More