Update on JoseJosé has decided on a new loan for raising livestock and to continue growing basic grains. He will use the loan to buy two cows. He will also buy manure, herbicides, and seeds for the next crop.
He feels that the previous loan has helped him improve the harvest. His sesame seed crop gave him good results. His family income has been well maintained, and he has made some home improvements. He will continue working in order to get ahead.
Él considera que el préstamo anterior le ha ayudado a mejorar la cosecha, el cultivo de ajonjolí le dio buenos resultados, en su familia sus ingresos se han mantenido bien, en su hogar ha realizado mejoras y continuara trabajando por salir adelante.
Previous Loan DetailsJosé is requesting a loan to buy agricultural supplies because he's doing another planting and will buy fertilizer, seed, and herbicide, and pay for labor and cutting the sesame plants. This loan will help him improve his working conditions. With the previous loan he managed to grow corn on t... More from Jose's previous loan »
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
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Success!! The loan was 100% repaid