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Jose Santos

Update on Jose Santos

José needs a new loan because he needs more working capital for raising chickens. This investment will help him to buy chickens, chicken feed, vitamins, antibiotics, and other items.
His previous loan helped him a great deal. He was able to increase his inventory and obtain a greater income. His economic conditions and family circumstances have improved.
View original language description ↓
José, requiere optar por un nuevo préstamo por la necesidad de mas capital de trabajo para su oficio de crianza de pollos; esta inversión le ayudara a comprar pollos, concentrado, vitaminas, antibióticos, entre otros.
El préstamo anterior fue de mucha ventaja, ya que logro incrementar los inventarios y obtener mayores ingresos; sus condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

José is thirty-nine, married with two children, and has a chicken farm at his house. He works every day. He wife takes care of selling the fattened-up chickens by the pound. José is currently seeking a loan to buy feed concentrate and chickens so he can expand his farm. This will help him ... More from Jose Santos'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

  • $7,500
    Average annual income
  • 823
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $750 helped Jose Santos to buy chickens, chicken feed, vitamins, antibiotics, and other items.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 11, 2013
Listed
Aug 1, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 31, 2013