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Elmer Antonio

Update on Elmer Antonio

Elmer is once again requesting a loan because he wants to purchase more machinery for his workshop, such as an air compressor for painting, since it will be very useful. His previous loans have helped him purchase other tools, and those have helped him do his work and bring in more customers and improve his revenue. This loan will allow him to provide his family with better living conditions.
View original language description ↓
Elmer, nuevamente necesita un préstamo, porque comprara más maquinaria para su taller como: un compresor de aire para pintar, pues es de mucha utilidad en su taller.
Los préstamos anteriores le ayudaron a comprar otras herramientas y se logró salir con los trabajos y tener más clientes y los ingresos fueron mejores, este avance le permitió que su familia viva en mejores condiciones.

Previous Loan Details

Elmer manages a metal and paint shop. He lives in San Miguel with his wife and two children, ages 7 and 12. His shop has three employees and they all work every day. Elmer has the advantage of being the only person in the area who provides these services. He is requesting a loan to buy i... More from Elmer 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
  • 743
    View loans »
    El Salvador Loans Fundraising
  • $25,510,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Elmer Antonio to purchase an air compressor.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2011
Listed
Nov 10, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2012
This photo was used before for a previous loan for Elmer Antonio. It was first posted on Kiva on May, 2011. Learn More