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Manuel Antonio

Update on Manuel Antonio

Manuel would like to increase the inventory of his company, which is why he is asking for a new loan. It will help him stay stocked up on medical items, according to his customers' needs. This loan will be for the purchase of vitamins, medical items, rejuvenators, and health supplements, among other things.

He thinks that these loans have improved his ability to serve his customers.
View original language description ↓
Manuel, quiere aumentar el inventario de su negocio, por eso está solicitando un nuevo préstamo, que le permita mantener surtido de productos medicinales, según la necesidad de sus clientes, este préstamo será para comprar vitaminas, productos medicinales, reanimantes, suplementos alimenticios, entre otros.
Él considera que estos préstamos le han mejorado su capacidad, para el servicio de los clientes.

Previous Loan Details

Manuel is a 64 year-old gentleman who lives in Concepción Batres, in Usulután department. He lives with his family: wife and children. He has been selling medicines for 15 years. He works every day of the week and his wife is a great support in helping him make his sales. Manuel is currentl... More from Manuel Antonio'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
  • 448
    View loans »
    El Salvador Loans Fundraising
  • $23,269,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Manuel Antonio to purchase vitamins, medical items, rejuvenators, and health supplements.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 12, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2012
This photo was used before for a previous loan for Manuel Antonio. It was first posted on Kiva on Apr, 2011. Learn More