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Jose Adan

Update on Jose Adan

Jose is asking for a new loan so that he can buy basic grains. This investment will allow him to buy farming supplies such as compost, insecticides, and herbicides for his crops and pay for labor.

The previous loan helped him increase production and he is able to invest the proceeds into the home and family. Financial conditions have improved and the family is doing well and is healthy.
View original language description ↓
José, solicita un nuevo préstamo por la necesidad de seguir invirtiendo en la agricultura de granos básicos; esta inversión le permitirá comprar materiales agrícolas para realizar el cultivo tales como: abono, plaguicidas, insecticidas, herbicidas y pago de mano de obra.
El crédito anterior le ayudo a aumentar la productividad y las utilidades las invierte en los gastos del hogar y familiares; las condiciones económicas se han optimizado y las circunstancias familiares se mantienen y se encuentran bien de salud.

Previous Loan Details

José is asking for a new loan for the cultivation of corn and beans. With these resources he will buy supplies in order to use them when planting such as fertilizer, maize seed, and pesticides to give him the security of improving his production and to have a healthy harvest. He believes the ... More from Jose Adan'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
  • 488
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jose Adan to buy farming supplies and pay for labor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 19, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 19, 2014