Check out some available loans that are similar to this one!
Miguel Angel

Update on Miguel Angel

Miguel decided once again to have a loan because he plans to increase sales and have more customers. To do so, he will buy merchandise like pants, shirts, skirts, blouses and underwear aiming to have more variety available to offer his customers meeting their demand and particular tastes. Previous loans have helped him expand the business, to have more clientele and this advance helped him improve his family’s economic condition.
View original language description ↓
Miguel, nuevamente se decidió a tener otro crédito, porque tiene el plan de incrementar sus ventas y tener más clientes, para esto comprara mercadería como: pantalones, camisas, faldas, blusas, ropa interior, el propósito de él es ofrecer a sus clientes variedad saisfaciendo sus gustos y demandas.
Los financiamientos anteriores le han ayudado a ampliar su negocio, tener más clientela, este avance le permitió mejorar las condiciones económicas de su familia.

Previous Loan Details

Miguel is 45, and lives in the Transit municipality of San Miguel department. He is a single father and lives with his two-year old son. Migual sells clothes and housewares. Migual learned about business at a young age due to difficulty finding work. He sells his items walking around the st... More from Miguel Angel'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
  • 710
    View loans »
    El Salvador Loans Fundraising
  • $28,234,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Miguel Angel to buy clothes.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 24, 2011
Nov 9, 2011
Currency Exchange Loss:
Oct 16, 2012
This photo was used before for a previous loan for Miguel Angel. It was first posted on Kiva on Jul, 2010. Learn More