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José Salvador

Update on José Salvador

José lives with his wife and son. He works farming corn and beans, a business he has had for more than 10 years. With the income he earns from his sales, he is able to meet his household expenses.

Jose is requesting a loan to purchase more seeds, manure, and fertilizer and to improve the land that is shown in the photograph so that he can produce a larger quantity of basic grains. This will satisfy his customers so that he can increase his sales and give his family a more stable financial situation.
View original language description ↓
José vive junto a su esposa y a su hijo, el se dedica a la siembra de maíz y frijoles, negocio en el cual trabaja desde hace más de 10 años con las ganancias que obtiene de sus ventas logra solventar algunos gatos de su hogar, Don Jose solicita un credito para poder comprar más semillas, abonos, fertilizantes y mejorar el terreno que mustra en la fotografia, de manera que pueda producir mayor cantidad de granos básicos, para que sus clientes estén satisfechos de tal manera aumentar sus ventas y darle a su familia una mejor estabilidad economica.

Previous Loan Details

José Salvador lives with his wife who does household chores and with their son. José works growing corn and beans, a business he’s had for more than ten years. In order to keep his crops free of infestations he must exert every care necessary from the moment of planting until the hour of ... More from José Salvador's previous loan »

Additional Information

More information about this loan

This loan is part of Apoyo Integral's program to help subsistence farmers located in high-risk regions of El Salvador, including coastal strips, river banks, and volcano fault lines. The program, which offers reduced interest rates, targets farmers who don't qualify for formal funding due to their low-income and geographical risk. By funding this loan, you are helping Apoyo and a local non-governmental organization extend risk-tolerant credit to even more farmers.

About Apoyo Integral

Apoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.

Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.

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

  • $7,500
    Average annual income
  • 751
    View loans »
    El Salvador Loans Fundraising
  • $25,510,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped José Salvador to purchase manure, seeds, and fertilizers, and to improve his land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 21, 2013
Listed
May 16, 2013
Currency Exchange Loss:
N/A
Ended:
May 18, 2014
This photo was used before for a previous loan for José Salvador. It was first posted on Kiva on Jul, 2012. Learn More