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Jose Luis

Update on Jose Luis

José is requesting a new loan because he needs to invest more in his corn and pumpkin crops. This investment will allow him to buy agricultural supplies, pesticides, insecticides, and herbicides.

With the last loan he managed to get better income and to cover the household expenses. His financial condition has improved because he had an increase in productivity.
View original language description ↓
José, solicita un nuevo crédito, por la necesidad de invertir más en la agricultura, en el maiz y pipián. Esta inversión le permitirá comprar insumos agrícolas, plaguicidas, insecticidas, herbicidas.
Con el préstamo anterior logro obtener mejores ingresos y cubrir los gastos del hogar. Las condiciones económicas han mejorado, ya que tuvo un incremento en la productividad.

Previous Loan Details

José lives with his grandparents, he works in agriculture growing basic grains. He is twenty-two years old, lives his partner and has a two year old girl. He works for himself and learned the trade from his father.

José needs a loan to buy materials for his corn crops; he will buy 6 sacks ... More from Jose Luis'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
  • 579
    View loans »
    El Salvador Loans Fundraising
  • $24,026,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Jose Luis to buy agricultural supplies, pesticides, insecticides, and herbicides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 8, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Jose Luis. It was first posted on Kiva on Oct, 2012. Learn More