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Jose Humberto

Update on Jose Humberto

José is asking for a new loan to invest in his basic grains crops. He will buy seeds, herbicide and manure and will pay people to help him prepare the soil. The results he gets from using the loans fills him with satisfaction for his crop yields have been greater and so has his income.

José’s family is in very good health; they’ve had no problem that keeps them from doing their business activities. His improved economic condition has allowed him to gradually pay off his debts.
View original language description ↓
José, está solicitando un nuevo crédito para invertir en la siembra de granos básico, efectuara la compra de semillas, herbicidas, abono y pagara a las personas que le ayuden a preparar la tierra. Le llena de satisfacción los resultados que tiene al hacer uso de los créditos, pues ha tenido una mayor cosecha y mejores ingresos.
La familia de José se encuentra muy bien de salud, no han tenido ningún problema les dificulte la realización de sus actividades en el negocio. Con las mejoras económicas han podido ir cancelando sus deudas.

Previous Loan Details

José is applying for a new loan because he needs to invest more money in the production of basic foods. This will allow him to buy agricultural supplies such as compost, pesticides, herbicides, and insecticides, among other items. With his previous loan, his income increased, and he invested i... More from Jose Humberto'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
  • 512
    View loans »
    El Salvador Loans Fundraising
  • $23,459,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $625 helped Jose Humberto to buy agricultural supplies.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
N/A
Expired:
Nov 6, 2013
This photo was used before for a previous loan for Jose Humberto. It was first posted on Kiva on Apr, 2013. Learn More