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Jose Reinaldo

Update on Jose Reinaldo

José needs a new loan because he needs new working capital to continue investing in his basic grains crops. This investment will help him get agricultural supplies like seeds, manure, herbicide, insecticide, pesticide, etc.

His previous loan helped him earn higher income and to increase his inventory. Because of this his economic conditions and his family circumstances have improved.
View original language description ↓
José, requiere de un nuevo préstamo porque necesita más capital de trabajo para continuar invirtiendo en el cultivo de granos básicos; esta inversión le ayudara los materiales agrícolas necesarios, tales como: semilla, abono, herbicidas, insecticidas, pesticidas, entre otros.
El crédito anterior le ayudo a obtener mayores ingresos e incrementar su inventario, es por ello que las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

Jose farms and raises livestock. He is 35 years old, married, and his wife is 30 years old. He has two children, ages 5 and 8 and raises beans, as he learned from his parents, Monday through Saturday. He is asking for this loan so he can buy seeds, compost, herbicides, insecticides and pay f... More from Jose Reinaldo'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
  • 747
    View loans »
    El Salvador Loans Fundraising
  • $28,256,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Jose Reinaldo to buy agricultural supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 24, 2013
Aug 16, 2013
Currency Exchange Loss:
Aug 17, 2014
This photo was used before for a previous loan for Jose Reinaldo. It was first posted on Kiva on May, 2013. Learn More