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Jose Geronimo

Update on Jose Geronimo

José is requesting a new loan to buy cattle, in order to increase the profits of his business. He wants to buy two grazing cows in calf. With his previous loan he managed to buy a milk cow, to support his family and continue working as a farmer. He has been able to maintain and keep working in his activities.
View original language description ↓
José, solicita un nuevo préstamo, por la necesidad de comprar ganado de repasto, para así aumentar los ingresos en su negocio, su interes es por dos vacas con crias.
Con el crédito anterior logro adquirir una vaca lechera, para el sustento de la familia y seguir trabajando en el cultivo. Él ha podido mantener y seguir trabajando en su actividad.

Previous Loan Details

José needs a new loan to strengthen his business. He needs to buy chemical and natural fertilizers, herbicide, and insecticide in order to start his corn and bean crops. This loan will help him to have the resources that he needs so that he is able to keep working. The previous loan helped... More from Jose Geronimo'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
  • 469
    View loans »
    El Salvador Loans Fundraising
  • $23,284,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Geronimo to buy two cows in calf.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 18, 2013
Listed
Mar 24, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014