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Jose Alcides

Update on Jose Alcides

Jose is pleased with the service from this institution and the many benefits that come along with these loans. With this loan he will buy manure, insecticides, fertilizers, and pesticides, which will be used to prepare the land for planting corn.

With his previous loan, Jose increased his production and the quality of his crops. He earned a higher income and was able to pay off debt. He provided his family with better sustenance and everyone is healthy.
View original language description ↓
José, se siente complacido con el servicio que la da institución y los múltiples beneficios que obtiene al hacer uso de los créditos, con el capital comprara abono, insecticidas, fertilizantes y plaguicidas, con lo que efectuará la preparación de la tierra para sembrar maíz.
Con el crédito anterior José, obtuvo una producción abundante, granos de mucha calidad, mayores ingresos, pudo cancelar su deuda y ofrece a su familia una mejor alimentación, todos se encuentra saludables.

Previous Loan Details

José works in agriculture. He’s 45-years-old, lives in his own house and has three children aged 3, 6 and 15 years. He works growing corn to earn income and help with his family’s household expenses. He works Monday through Saturday from 6am until noon. He learned it from his parents since he... More from Jose Alcides'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
  • 783
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Jose Alcides to buy manure, insecticides, fertilizers, and pesticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 8, 2013
Listed
Dec 7, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014