Check out other loans that are currently fundraising!
Kerin Fernando

Update on Kerin Fernando

Kerin has decided asking for a new loan to invest it in the purchase of supplies for the ice-cream sale activity. He will buy different flavors of sherbets, popsicles, cones and other kinds of products for the ice-cream parlor.
He thinks that his conditions have not varied, that his activity has remained stable and he says that he had all the products he needed to meet his requests.
View original language description ↓
Kerin, se ha decidido a solicitar un nuevo préstamo, para invertirlo en productos para el negocio de helados, su compra será en sorbetes de diferentes sabores, paletas, conos, y otra variedad de productos de sorbeteria.
Él considera que se ha mantenido en su condición, que el negocio ha estado estable y conto con los productos necesarios para darle salida a la demanda.

Previous Loan Details

Kerin is single and lives with his mother. He sells sorbets, popsicles, and ice cream bars in the center of town. He sells Mondays through Saturdays and has no set schedule. He needs the loan to buy products such as popsicles, sorbets, and cups. This will stock his business so he can serve his... More from Kerin Fernando'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
  • 584
    View loans »
    El Salvador Loans Fundraising
  • $23,939,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Kerin Fernando to buy different flavors of sherbets, popsicles and cones.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2012
Listed
Feb 13, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2012
This photo was used before for a previous loan for Kerin Fernando. It was first posted on Kiva on Oct, 2011. Learn More