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Jose Adolfo

Update on Jose Adolfo

Jose is requesting a new loan to buy agricultural supplies and livestock to sell. He reports that since the previous loan, his income has improved, his business has expanded and he has more satisfied customers.

Jose says that he feels satisfied knowing that his family is healthy and has what they need. He says that his family is stable and that they have not encountered anything that could make it difficult to move ahead with his business.
View original language description ↓
Jasé, está solicitando un nuevo crédito, necesita comprar insumos agropecuarios y ganado para vender. Desde su ultimo crédito sus ingresos son mejores, el negocio es más amplio, tiene más clientes satisfechos.
Para José es satisfactorio saber que su familia tiene lo necesario para cubrir sus necesidades, todos se encuentran saludables, su núcleo familiar se mantiene igual. En este tiempo no se le ha presentado ninguna dificultad familiar o en su negocio que impidan seguir adelante con su actividad económica.

Previous Loan Details

José is seeking a new loan in order to buy livestock for his farm. He will buy a number of calves which he will raise and then sell in the future, thus making a profit. His experience with his previous loan was positive since he was able to increase his flock. He has been able to continue to... More from Jose Adolfo'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

  • $7,500
    Average annual income
  • 776
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,050 helped Jose Adolfo to buy agricultural supplies and livestock to sell.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 12, 2013
Currency Exchange Loss:
N/A
Expired:
Nov 11, 2013