Update on Jose EfrainJose has been presented with the necessity of applying for a new loan, since he requires more work capital to begin sowing corn. This investment will help him buy the agricultural supplies that he needs, such as: corn seed, compost, herbicide, and pesticide, among others.
The previous loan helped him to increase his income, which he invests in his home expenses. Thanks to this loan he has improved his economic conditions and his family has very good health.
El crédito anterior le ayudo a aumentar sus ingresos y los invierte en los gastos del hogar. Gracias a este crédito ha mejorado las condiciones económicas y se encuentran muy bien de salud su familia.
Previous Loan DetailsJosé is a farmer who grows basic grains. He is 23 years old and has a partner and a one-year-old son. He lives with his parents and farms in order to help his family with the household expenses. He has been running his own business for three years. José is requesting this loan to buy three… More from Jose Efrain's previous loan »
Concurrent and Successive Loans
About El Salvador
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Aug 22, 2013
- Sep 12, 2013
- Currency Exchange Loss:
- Jan 18, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.