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Jose Santos

Update on Jose Santos

José has decided to take out a new loan to stock up his business selling seafood, basic grains and sweets. This will improve his sales by stocking more products, like fish, shrimp, beans and sweets.

The effect he had with the previous loan was positive and improved his business. He added new items, which improved sales. With the business, he maintains his family's income.
View original language description ↓
José se ha decidido por un nuevo préstamo, para surtir más el negocio, realizando la venta de mariscos, granos básicos, dulces, ya que esto mejorara la venta surtiéndose de mas productos, como pescado, camarón, frijoles, dulces.
El efecto que tuvo con el préstamo anterior fue positivo, mejoro el negocio, agrego nuevos rubros, esto le mejoro las ventas, en su familia se mantienen los ingresos con el negocio.

Previous Loan Details

José lives with his wife and has two children. His wife stays at home and his business is the sale of fish, beans, and sweets. He started this business on his own a year and a half ago. He is requesting a loan to buy red and white fish, beans, and sweets that are sold to his customers daily. W... More from Jose Santos'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
  • 719
    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 $750 helped Jose Santos to buy seafood, basic grains and sweets.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Feb 28, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015