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Yohalmo Israel

Update on Yohalmo Israel

Yohalmo raises laying hens and he is requesting a new loan because he wants to continue improving the business. The loan will be of great help to him because he will invest in the purchase of hens, concentrated feed, and chaff [seed coverings removed by threshing] and other items. The previous loan allowed him to improve productivity and the facilities where the hens are housed. His income has improved because his eggs are better and he has a better quality of life.
View original language description ↓
Yohalmo, solicita de un nuevo crédito, porque quiere seguir mejorando en el negocio de las gallinas ponedoras. Le será de mucha ayuda porque invertirá en la compra de gallinas, concentrado, granza entre otros.
Con el préstamo anterior, le permitió mejorar la productividad y las instalaciones donde están ubicadas las gallinas. Los ingresos económicos han mejorado ya que tiene mejores ventas de huevos y una mejor calidad de vida.

Previous Loan Details

Yohalmo lives with his wife and daughter and has his own home. He earns a living managing a poultry and egg-selling business. He began this business three years ago together with his father, but inherited it eight months ago and so he must look for alternatives for keeping it viable. He is se... More from Yohalmo Israel'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
  • 736
    View loans »
    El Salvador Loans Fundraising
  • $26,313,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Yohalmo Israel to purchase hens, concentrated feed, and chaff, and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013
This photo was used before for a previous loan for Yohalmo Israel. It was first posted on Kiva on Jan, 2012. Learn More