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Carlos Eduardo

Update on Carlos Eduardo

Carlos is requesting a new loan to buy a range of clothing such as shirts, pants, blouses and dresses. With this investment, he hopes to stock his business, increase his sales and make bigger profits, which will have a positive effect on both his business and his life, as was the case with his previous loan. He has managed to support his family and his sales and income have risen. This has made him more solvent.
View original language description ↓
Carlos, está solicitando un nuevo préstamo para comprarse variedad de ropa, como camisas, pantalones, blusas, vestidos, con esta inversión espera surtir el negocio y aumentar la venta, para generar mayores ganancias, logrando un buen efecto en el negocio y en su vida, así como el préstamo anterior.
Su familia se ha mantenido, las ventas, los ingresos, han aumentado, haciendo más solvente su situación.

Previous Loan Details

Carlos lives in Jiquilisco, in the department of Usulután. He makes a living selling new clothing and is also employed at the same time. He lives with his family, his mother and his daughter. The clothing business, which he has had for a year, is administrated by his mother. He wishes to inves... More from Carlos Eduardo'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
  • 417
    View loans »
    El Salvador Loans Fundraising
  • $22,783,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Carlos Eduardo to buy shirts, pants, blouses and dresses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Feb 11, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 16, 2012
This photo was used before for a previous loan for Carlos Eduardo. It was first posted on Kiva on Apr, 2011. Learn More