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Jose Alexander

Update on Jose Alexander

José is requesting a new loan because he needs more work capital for his crop activity. This will allow him to buy fertilizer, herbicides and insecticides for his corn and bean crops.

The previous loan helped him buy farm supplies; and the profits helped support the family. His economic situation has improved, enabling him to provide for his household.
View original language description ↓
José, solicita un nuevo crédito porque necesita más capital de trabajo para cultivar. Este le permitirá comprar abono, herbicidas, insecticidas, plaguicidas para el cultivo de maíz y frijol.
El préstamo anterior le ayudo a comprar insumos agrícolas y con las ganancias ha logrado aportar para la familia. Las condiciones económicas han mejorado ya que le ha permitido brindar ayuda al hogar.

Previous Loan Details

Jose is applying for a loan that he will use for his next crop. He needs supplies--fertilizer, herbicides, insecticides, etc.--that will increase his yield and protect his crop from disease and pests. He says that your loans are helping him to increase his production and improve his business.… More from Jose Alexander'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
  • 615
    View loans »
    El Salvador Loans Fundraising
  • $22,145,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Alexander to buy fertilizer, herbicides and insecticides for his corn and bean crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 12, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Jose Alexander. It was first posted on Kiva on Jun, 2012. Learn More