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Jose Heriberto

Update on Jose Heriberto

Jose is requesting a loan to strengthen his business. He will buy more sweet bread and French bread for his daily sales. With this investment, he will have a new opportunity for his business and will increase his earnings.

With his previous loan, he bought bicycles so that he could hire 2 people to sell the bread from place to place. With these, he has been able to work over this period, his living conditions are improving and his children have been able to stay in school.
View original language description ↓
José, solicita un préstamo, para fortalecer el negocio, ya que comprara un surtido de pan dulce y francés, para realizar la venta diariamente, con esto será una nueva oportunidad de trabajar bien en el negocio y realizar más ganancias.
Con el préstamo anterior logro la compra de bicicletas para contratar a dos personas para la venta de pan ambulante, con ellos ha podido trabajar en este periodo, su condición de vida está mejorando y sus hijos continúan estudiando.

Previous Loan Details

José lives with his wife and six children and sells “pan dulce” and French bread on a bicycle every day from Monday to Sunday. He will use the money from this loan to buy two bikes so he can sell his bread. This will help him deliver to more people and increase his number of customers because... More from Jose Heriberto'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
  • 553
    View loans »
    El Salvador Loans Fundraising
  • $31,854,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Jose Heriberto to buy sweet bread and French bread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 27, 2012
Nov 21, 2012
Currency Exchange Loss:
Dec 17, 2013
This photo was used before for a previous loan for Jose Heriberto. It was first posted on Kiva on Dec, 2011. Learn More