Update on Ever OmarEver is requesting a new loan to use to buy construction materials. He will use them to repair the roof on his home. The supplies he will buy include sheet metal, cement, sand and rod iron and he will also pay for labor.
This new loan will help him to be able to complete the changes to his home, making it more comfortable. He feels that he had a good experience with his previous loan, because he finished the construction and repairs on the walls. As a result of the previous support he has improved living conditions.
Este nuevo préstamo le ayudara para poder realizar los cambios en la vivienda, haciéndola más confortable, él considera que ha tenido una buena experiencia con el préstamo anterior, porque finalizo la construcción y reparacion de paredes, viviendo en mejores condiciones a través de esta ayuda.
Previous Loan DetailsEver runs a grocery store. He sells basic need items like: beans, rice, sugar and soap. He has lived with his wife and three children and with his mother for the last ten years. He tends to customers every day from 6am until 7pm. He will use the loan to do some home improvements. He needs… More from Ever Omar's previous loan »
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
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Success!! The loan was 100% repaid
- Repayment Term
- 30 months (Additional Information)
- Repayment Schedule
- Feb 27, 2012
- Mar 12, 2012
- Currency Exchange Loss:
- May 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.