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Jose Antonio

Update on Jose Antonio

José is requesting a loan to invest it once again in the purchase of food products such as meat, vegetables, dressings, oil and basic grains such as rice and beans, as these are ingredients he needs to prepare his daily menus.
He has obtained good results from his previous loan: he has been able to stock up his inventory thus improving the quality of the food for his customers, and this has granted him a better income to provide for his family.
View original language description ↓
José, está solicitando un préstamo para poder invertir nuevamente en la compra de productos de comida, como las carnes, los vegetales, condimentos, aceite, los granos básicos como el arroz y los frijoles, eso es lo necesario para la producción de los menú en el día a día.
Su resultado con el préstamo anterior fue positivo, ya que su inventario aumentó y la disponibilidad de comida para los clientes también fue mejor, estaría proveído mejores ganancias para su familia.

Previous Loan Details

José lives with his wife and two adult children in the same house. As a family they run a restaurant. They have had the business for 15 years, since it is recognized by customers and has developed in the market. Currently he is requesting a loan to buy furniture for the restaurant, such as c... 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.

About El Salvador

  • $7,500
    Average annual income
  • 729
    View loans »
    El Salvador Loans Fundraising
  • $29,708,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Antonio to buy meat, vegetables, dressings, oil, rice and beans.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 25, 2012
Jun 17, 2012
Currency Exchange Loss:
Apr 19, 2013
This photo was used before for a previous loan for Jose Antonio. It was first posted on Kiva on Dec, 2011. Learn More