Check out some available loans that are similar to this one!
Marvin Antonio

Update on Marvin Antonio

Marvin continues working with loans, which he needs to strengthen his business and buy the ingredients for his restaurant, and in this way he will be able to earn more income. He needs to purchase meats, rice, oils, beverages (soft drinks and juices) and other items to tend to his customers efficiently. Marvin's dream is to expand his business, increase his revenue and for his family to have a better life.
View original language description ↓
Marvin, continua trabajando con préstamos, los cuales necesita para fortalecer el negocio y comprar la materia prima para el comedor y la pupuseria, de esa forma podrá tener más ingresos económicos. Lo que necesita comprar es carnes, arroz, aceite, bebidas (gaseosas y jugos), todo pues, para atender de manera eficiente a la clientela.
El sueño de Marvin, ampliar su negocio, mejorar en sus ganancias y que su familia tenga una mejor vida.

Previous Loan Details

Marvín lives in Concepción Batres in the Usulután department. He devotes himself to a dining room and “pupusuría” (a business that specializes in selling “pupusas”, which are stuffed corn tortillas). He lives with his family; his wife, his mother, and his two year old son. He started this bu... More from Marvin 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

  • $4,900
    Average annual income
  • 584
    View loans »
    El Salvador Loans Fundraising
  • $23,939,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Marvin Antonio to buy furnishings and materials to prepare for his food sales.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2011
Listed
Oct 5, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012
This photo was used before for a previous loan for Marvin Antonio. It was first posted on Kiva on Jan, 2011. Learn More