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Juan Antonio

Update on Juan Antonio

Juan has decided to request a new loan that he will invest in the purchase of young chickens to fatten. In addition, he will buy feed and vitamins for the chickens. This will help him to improve his farm, and will allow him to start again with another group of chickens.

He had a good experience with his prior loan; it had a positive effect that helped him to make his business more profitable, and allowed him to get ahead with his family.
View original language description ↓
Juan, se ha decidido por solicitar un nuevo préstamo, el cual invertirá en la compra de pollos de engorde, que estén pequeños, tambien les comprara concentrado para alimentarlos y vitaminas, esto le ayudara para mejorar la granja y poder iniciar nuevamente con otra flote de pollos.
El considera haber tenido una buena experiencia con el préstamo anterior, un efecto positivo que le ayudo para hacer más rentable el negocio, están superándose junto a su familia.

Previous Loan Details

Juan lives with his mother, and is unmarried. He manages a chicken farm, which his mother started several years back. They raise the chickens and sell them when they're ready; they don't have a fixed schedule for when to sell them. He is requesting the loan to buy chickens and concentrated f... More from Juan 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
  • 684
    View loans »
    El Salvador Loans Fundraising
  • $25,086,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Juan Antonio to buy chickens to fatten, and vitamins and feed for them.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2012
Listed
Mar 12, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 18, 2013
This photo was used before for a previous loan for Juan Antonio. It was first posted on Kiva on Oct, 2011. Learn More