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Jose Antonio

Update on Jose Antonio

José has chosen to opt for another loan because he needs more working capital and because of the good service the Institution provides. This investment will help him buy agricultural supplies like manure, herbicide, pesticide, fungicide, insecticide, etc. His previous loan helped him increase crop yield and he uses the income earned to cover household expenses. His economic conditions and family circumstances have improved.
View original language description ↓
José, se le presenta la necesidad de optar por un nuevo préstamo porque requiere de más capital de trabajo y por la buena atención que la Institución brinda; esta inversión le ayudara a comprar los insumos agrícolas, tales como: abono, herbicidas, pesticidas, plaguicidas, insecticidas, entre otros.
El crédito anterior le permitió aumentar la cosecha y los ingresos los utiliza para los gastos del hogar; las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

José is a farmer. He is 20 years old and single. He lives with his mother and grows basic grains to help out with the household expenses. He works from Monday to Saturday from 6:00 a.m. to 12:00 p.m., and was taught how to farm from a young age by his parents. He is requesting this loan to buy fo... More from Jose Antonio'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
  • 413
    View loans »
    El Salvador Loans Fundraising
  • $22,783,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Jose Antonio to buy agricultural supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 6, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 19, 2014
This photo was used before for a previous loan for Jose Antonio. It was first posted on Kiva on Apr, 2013. Learn More