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Ramiro

Update on Ramiro

Ramiro has decided to continue strengthening his business. With this loan, he will buy clothes to increase his business. He will invest in buying blouses, skirts, underwear and pants. Through his loan, he hopes to continue improving as his previous loan also enabled him to make a good investment in his business.

Ramiro's family are getting by without any major problems and Ramiro's personal life is good. He is keen to continue working as a salesman.
View original language description ↓
Ramiro, ha decidido continuar fortaleciendo el negocio, comprara a través de este préstamo ropa para aumentar el negocio, la inversión será en blusas, faldas, ropa interior y pantalones, a través del préstamo espera continuar mejorando, ya que el anterior también le permitió realizar una buena inversión al negocio.
Su grupo familiar se mantiene, sin mayores problemas, y su vida personal está bien con deseos de seguir creciendo como comerciante.

Previous Loan Details

Ramiro lives with his daughter in his own home. He started his own business 10 years ago and works Monday to Saturday selling clothing on foot, through the streets of the city’s marketplace and central zones. He is asking for this loan to buy clothing to supply his business with a greater… More from Ramiro'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
  • 602
    View loans »
    El Salvador Loans Fundraising
  • $22,178,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Ramiro to buy blouses, skirts, underwear and pants.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Ramiro. It was first posted on Kiva on Jul, 2011. Learn More