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Jose Noe

Update on Jose Noe

José is requesting a loan as he needs to invest in farming supplies to grow corn and beans. He is going to buy manure, insecticides, pesticides, and herbicides to be able to sow his crops.

With his previous loan, he bought farming supplies and used the profits he earned to support his family. His financial situation and family circumstances have improved, and his children have been able to continue studying.
View original language description ↓
José, solicita un nuevo préstamo por la necesidad de más capital de trabajo para invertir en el cultivo de maíz y frijol; este le permitirá comprar abono, insecticidas, plaguicidas, pesticidas, herbicidas para realizar la siembra.
El crédito anterior le ayudo a adquirir los insumos agrícolas de una sola vez y con las ganancias logro apoyar a su familia; las condiciones económicas y las circunstancias familiares han mejorado, ya que sus hijos continúan estudiando.

Previous Loan Details

José has decided on a new loan in order to grow corn and beans. He wants to begin the season by renting the land where he will cultivate his crops. This will enable him to get a head start on preparations for planting. He feels that through these loans he has been successful in sowing his fields… More from Jose Noe'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.

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About El Salvador

  • $4,900
    Average annual income
  • 594
    View loans »
    El Salvador Loans Fundraising
  • $21,986,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Jose Noe to buy manure, insecticides, pesticides, and herbicides to be able to sow his crops.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Jun 16, 2013
Listed
Jun 11, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Jose Noe. It was first posted on Kiva on Jan, 2013. Learn More