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William Heriberto

Update on William Heriberto

William needs another loan again because he’ll use it to pay educational costs for a niece. His goal is that she gets ahead with her studies and becomes a professional in the future. The previous loan helped him a lot to cover schooling costs and to have resources available to help his family with what they need. This new loan is to pay the final secondary school tuition fees for his niece.
View original language description ↓
William, necesita otro crédito nuevamente, porque lo invertirá en gastos de educación de una sobrina, el objetivo de él es que su sobrina salga a delante con sus estudios y que en el futuro sea profesional. El préstamo anterior le ayudo mucho solventar los gastos de estudio y de esa forma tiene los recursos para ayudarles a su familia en lo que necesitan.
Este nuevo prestamo es para pagar las ultimas colegiaturas de la secundaria, de su sobrina.

Previous Loan Details

William is an employee. He is single and lives with his mother and sister. This young man works for the council. He has been working for six years and is a big support to his family, covering some of their household expenses. William currently needs to cover his sister's education expenses.… More from William 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

  • $4,900
    Average annual income
  • 654
    View loans »
    El Salvador Loans Fundraising
  • $22,073,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $325 helped William Heriberto to pay her niece's tuition fees.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 16, 2012
This photo was used before for a previous loan for William Heriberto. It was first posted on Kiva on Sep, 2011. Learn More