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Jose Elias

Update on Jose Elias

José is asking for another loan to buy supplies for the sale of sandwiches and other fast food and products, such as bread, meat, cabbage and, lettuce, since this will ensure that the business keeps running smoothly. 

José's last loan had a positive impact on his business, improving the variety of the food he sells. His dream is to continue with the business so that he can build a house, helping his family. 
View original language description ↓
José, se ha decidido por un nuevo préstamo, para la compra de insumos para la venta de tortas y demás comida rápida, y otros productos para continuar realizando la venta, por ejemplo, pan, carne, repollo, lechuga, ya que esto hará que el negocio funcione bien.
Con el préstamo anterior tuvo un efecto positivo en su negocio, mejoro la variedad par elaborar la venta, en su familia su deseo es continuar con el negocio para construir una casa, ayudando a su familia.

Previous Loan Details

Jose is seeking a new loan to pay for his college course which he has just started. This loan will help him pay for monthly expenses and other items such as school supplies. It will be a great help as he sets out on a new career path which will allow him to have better professional opportunities.... More from Jose Elias'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
  • 807
    View loans »
    El Salvador Loans Fundraising
  • $25,695,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Jose Elias to buy bread, meat, cabbage and lettuce.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Jose Elias. It was first posted on Kiva on Aug, 2012. Learn More