Update on Jose LeonidasJosé is requesting a new loan because he needs to invest more in the cultivation of basic grains. This loan will help him to buy agricultural supplies such as: soil ammendments, pesticides, insecticides, and herbicides.
With his previous loan he increased his productivity and invested his income in feeding his household. His economic conditions have improved and his family situation remains stable.
Con el préstamo anterior aumento la productividad y sus ingresos los invirtió en la alimentación del hogar. Las condiciones económicas han mejorado y la situación familiar se mantienen estables.
Previous Loan DetailsJose, 47, lives with his wife and his 6 children. They have their own home. Jose is a farmer who works to support his household. He learned how to farm by working with his parents from the time that he was very young, as his parents are also farmers. Jose is requesting a loan to buy 8 sacks… More from Jose Leonidas's previous loan »
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
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Success!! The loan was 100% repaid