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Mario Antonio

Update on Mario Antonio

Mario is currently asking for a new loan to buy more merchandise to stock his business and buy more clothes: pants, shirts and blouses to increase profits this way because he’ll have more variety to offer his customers. He used the previous loan for his other activity which is medicine sales. For the moment, he’ll invest it in this new one and buy clothes with the hope of having equal success as in the previous investment.
View original language description ↓
Mario,actualmente solicita un nuevo préstamo, el cual invertira en la compra de más mercadería, para surtir su negocio y comprar más ropa: pantalones, camisas, blusas y de esa forma incrementara sus ganancias porque tendrá más variedad para ofrecerles a sus clientes.
El prestamo anterior lo utilizo para su otra actividad que es la venta de medicinas, por el momento lo invertira este nuevo en la compra de ropa, con la esperanza de tener un exito igual a la inversion anterior.

Previous Loan Details

Mario lives in San Rafael Oriente, San Miguel Department. He is a clothes and medicine merchant. He lives with his wife and two children who are 6 and 4 years of age. He works for himself and does not have a fixed work schedule. He is asking for a loan to buy medicines, vitamins, analgesics... More from Mario 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
  • $26,313,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mario Antonio to buy clothes.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2011
Listed
Oct 10, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012
This photo was used before for a previous loan for Mario Antonio. It was first posted on Kiva on May, 2011. Learn More