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Ever

Update on Ever

Ever needs to buy materials and tools for his business. That is why he is requesting a loan to invest in iron, electrodes, and soldering apparatus so that his workshop is strengthened. This way he will be improving his ability to respond to his customers and to carry out his work in a better way.

These loans have allowed him to improve his work, to have better conditions, and to satisfy his family’s needs.
View original language description ↓
Ever, necesita Comprar materiales y herramientas para el negocio, por eso solicita un préstamo e invertirlo en hierro, electrodos, aparatos de soldadura, para tener su taller más fortalecido, mejorando la capacidad de respuesta a los clientes y ejecutándolo de una mejor manera. Éstos préstamos le han permitido mejorar su trabajo tener mejores condiciones y satisfacer las necesidades de su familia.

Previous Loan Details

Ever is 43 years old and resides in El Transito in the Department of San Miguel. He lives with his wife and two children, ages 5 and 3. Ever has a workshop where he creates metal structures. This business is his only source of income. He started this business after he had worked several years... More from Ever'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
  • 522
    View loans »
    El Salvador Loans Fundraising
  • $23,459,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Ever to buy iron, electrodes, and soldering apparatus.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2011
Listed
Dec 7, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Ever. It was first posted on Kiva on Oct, 2010. Learn More