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Jose Eliseo

Update on Jose Eliseo

José is requesting a new loan since he needs more working capital to invest in the business. This will allow him to purchase chickens, feed, and supplies to raise them such as crecemur, punemar, and others.

His last loan helped him increase his sales and grew his income. His financial situation and family circumstances have improved.
View original language description ↓
José, solicita un nuevo préstamo por la necesidad de más capital de trabajo para invertir en el negocio; este le permitirá comprar pollos, concentrado e insumos para el crecimiento tales como: crecemur, punemar, entre otros.
El crédito anterior le ha ayudado a aumentar las ventas y un crecimiento en las utilidades; las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

Don José is a 56 year old man who resides in San Francisco Gotera, in the Department of Morazán. He lives with his wife, 5 children and 1 grandson. Don José makes his living raising poultry. He buys young chicks and feeds them up over 8 weeks, giving them vitamins, antibiotics and food, so that… More from Jose Eliseo'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
  • 448
    View loans »
    El Salvador Loans Fundraising
  • $22,660,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Eliseo to purchase chickens, feed, and supplies to raise them.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 19, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014