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Atilio

Update on Atilio

Atilio is once again asking for a loan in order to buy merchandise for his business, buying staples such as rice, beans, oil, and eggs, as these are very necessary to take care of his clients.

He wants to be a good borrower so that he can continue obtaining loans, as they empower him to improve and to have more credit experience.
View original language description ↓
Atilio, nuevamente solicita un préstamo, para invertirlo en mercadería para su negocio, comprando productos de primera necesidad, como arroz, frijoles, aceita, huevos, estos son muy necesarios para atender la clientela.
El desea ser buen cliente para continuar con este servicio de créditos, ya que le han permitido mejorar y tener más experiencia crediticia.

Previous Loan Details

Atilio lives with his wife; their children already have their own homes. He runs a store and is also a farmer who cultivates corn for his family's consumption and to sell. His spouse is a housewife who helps him attend to the store. Atilio is requesting a loan to buy merchandise for the sto... More from Atilio'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
  • 645
    View loans »
    El Salvador Loans Fundraising
  • $24,246,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Atilio to buy rice, beans, oil and eggs.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Dec 8, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012
This photo was used before for a previous loan for Atilio. It was first posted on Kiva on Jun, 2011. Learn More