Check out some available loans that are similar to this one!
Juan Angel

Update on Juan Angel

Juan is asking for a new loan in order to purchase merchandise for his store, investing in oil, pasta, eggs, sausages, and sodas, all in order to maintain a better quantity of products for sale. He says he had a good experience with the previous loan, increasing inventory and keeping his clients well attended, in order to continue generating good sales.
View original language description ↓
Juan, está solicitando un nuevo préstamo para la compra de mercadería para la tienda, invirtiendo en aceite, pastas, huevos, embutidos, refrescos artificiales, todo para mantener una buena cantidad de productos para la venta.
Él manifiesta haber tenido una buena experiencia con el préstamo anterior, aumentado el inventario y manteniendo a sus clientes bien atendidos, para seguir generando buenas ventas.

Previous Loan Details

Don Juan, age 44, runs a store. He lives on his own in the city of San Miguel. He is single and manages a store that is located in front of a school, an ideal location for having many customers because students frequent the place. He sells them cookies, juice, candy and other products that they w... More from Juan Angel'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
  • 541
    View loans »
    El Salvador Loans Fundraising
  • $23,480,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Juan Angel to purchase oil, pasta, eggs, sausages, and sodas.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2012
Listed
Mar 28, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Juan Angel. It was first posted on Kiva on Jan, 2011. Learn More