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Jose Luis

Update on Jose Luis

José is requesting a new loan to buy merchandise for his business. He will buy soda, juice, mangoes, watermelon and cucumbers, so that he can keep his business running. José's previous loan was invested in buying products to maintain his business. He believes that his situation has improved and that he improved his sales.
View original language description ↓
José, está solicitando un nuevo préstamo para la compra de mercadería para el negocio, sodas, jugos, frutas como mangos, sandia, pepinos, para mantenerse en el negocio, esto le ha ayudado a José ya que el dinero del préstamo lo invierte en compra de productos para no decaer. El considera que su situación ha mejorado, permitiéndole mejorar las ventas.

Previous Loan Details

41-year old José lives with his wife and three children who all help in his store. For ten years now he has run a stall selling basics such as soft drinks, water, juice, cold meats, and eggs--whatever his customers ask for. Now José wishes to buy more merchandise, so he is seeking a loan to co... More from Jose Luis'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.

About El Salvador

  • $7,500
    Average annual income
  • 558
    View loans »
    El Salvador Loans Fundraising
  • $31,853,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Luis to buy soda, juice, mangos, watermelon and cucumbers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 18, 2012
Feb 10, 2012
Currency Exchange Loss:
Jun 16, 2012
This photo was used before for a previous loan for Jose Luis. It was first posted on Kiva on Dec, 2011. Learn More