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Edwin Alexander

Update on Edwin Alexander

Edwin is asking for a new loan to stock his store with merchandise. His goal is to always have the products that his customers want, to satisfy their taste and improve his sales and income for his family. He will purchase detergents, non-perishable goods like canned goods, rice, beans, sugar, instant coffee, instant soups, and other things.

He is grateful for the support that helps him strengthen his business and so far has been very punctual in his payments.
View original language description ↓
Edwin, esta solicitando nuevamente un préstamo e invertirlo en mercadería para surtir el negocio, su intención es tener siempre los productos que los clientes le demanden, para satisfacer los gustos y obtener mejores ventas e ingresos para su familia; su compra sera en detergentes, productos no perecederos como enlatados, arroz, frijoles, azucar, cafe instantaneo, sopas instantaneas y mas.
El está agradecido por este apoyo que le permite fortalecer su negocio y hasta el momento ha sido muy puntual en sus pagos.

Previous Loan Details

Edwin lives only with his grandmother. He has a store selling home use items like tooth paste, soap, detergent, non-perishable food items, among others. The business has been in operation several years. It’s been stable and to date has provided what's needed to meet his expenses. He needs t... More from Edwin Alexander'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
  • 801
    View loans »
    El Salvador Loans Fundraising
  • $25,698,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Edwin Alexander to buy canned goods, rice, beans, sugar, instant coffee and instant soups.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2011
Listed
Dec 5, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012
This photo was used before for a previous loan for Edwin Alexander. It was first posted on Kiva on Jul, 2011. Learn More