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Mauro

Update on Mauro

Mauro is once again asking for la new loan because the rainy season is approaching; he will use it to replace the roof on his house and to buy materials like sheets of metal, wood and nails with the objective of providing better living conditions and more safety for his family. He used the previous loan to cover some of his children's basic education costs giving him the opportunity to support his children.
View original language description ↓
Mauro, nuevamente solicita un nuevo préstamo debido a la época lluviosa que se acerca, lo utilizara para remodelar el techo su vivienda y comprar los materiales como: lamina, madera, clavos con el objetivo de que su familia viva en mejores condiciones y este más segura.
El préstamo anterior lo utilizo en cubrir algunos gastos básicos de educación de sus hijos y dandole la oportunidad de apoyar a sus hijos.

Previous Loan Details

Mauro lives with his family, and has two children in university. Mauro is employed by municipality as street cleaner. He he worked there for ten years. Now, as his children are in school, educational expenses are arising, such as payment of fees, and purchase of educational materials.This si... More from Mauro'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

  • $7,500
    Average annual income
  • 723
    View loans »
    El Salvador Loans Fundraising
  • $26,279,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Mauro to buy sheets of metal, wood and nails.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Mar 11, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Mauro. It was first posted on Kiva on Dec, 2011. Learn More