Update on Jose AnibalJosé has decided to continue working with loans because he believes that they are very necessary in order to have the money he needs for his agricultural work. He’s currently starting a new planting cycle and needs to buy manure, seeds and pay for day laborers, among other expenses he has. This new loan will be very useful for him.
His experience with his previous loan was positive because it provided what he needed at the time so that his crop yield would be good. His family has been fed and everyone lives well at home; the children continue in school and he’s made some improvements to parts of his house thanks to it.
Su experiencia con el anterior prestamo, fue positiva, ya que le ha generado en su momento lo necesario para que su cultivo presentara una buena cosecha, de la cual su familia se ha alimentado, todos se mantienen bien en su hogar, sus hijos siguen en la escuela, ha mejorado algunas partes de la vivienda.
Previous Loan DetailsJose is a farmer who cultivates corn and beans. He lives with his wife and his two children aged 9 and 4. Through his farming activities, he is able to cover the basic household expenses for his family. He has been farming since he was young, and so he has a lot of experience to draw on. No... More from Jose Anibal's previous loan »
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
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Sep 18, 2012
- Oct 25, 2012
- Currency Exchange Loss:
- Jul 18, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.