Update on Jose PedroJosé has a new basic grains planting cycle. This is why he has decided to ask for a new loan because of the necessity of investing in the irrigation of his cornfields, the irrigation system helps maintain crops during summer as a substitute for the rain. This is how he will continue to provide for his family, buying seed, fertilizer and herbicides.
He believes that through this work he managed to maintain a good yield in the crop production. His harvest and his earnings through this have been better, and he has made improvements to his home.
Él considera que a través de este trabajo a logrado mantener una buena producción en el cultivo, su cosecha y sus ingresos a través de ella han sido mejor, ha realizado mejoras a su vivienda.
Previous Loan DetailsJosé’s a farmer; he works on three ‘manzanas’ [Central American unit of land measurement] of land and he’s also an artisanal fisherman which allows him to diversify his sources of income. He’s married and lives with his wife and two children. José started working in agriculture seeking new so... More from Jose Pedro'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
688View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jan 26, 2013
- Feb 7, 2013
- Currency Exchange Loss:
- Oct 17, 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.