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Juan Leonidas

Update on Juan Leonidas

Juan is applying for a new loan to buy the materials used for making hammocks, such as, thread, rings, needles - everything he needs to help improve his production.
He believes that his previous loan has helped him to improve his family home so that his family live in better conditions.
View original language description ↓
Juan, está solicitando un nuevo préstamo para la compra de materiales para la elaboración de hamacas, como el hilo, manquillos, agujas, todo lo necesario y que le ayude a mejorar su producción.
Él considera que el préstamo anterior le ayudo a mejorar la vivienda para que su familia este en mejores condiciones.

Previous Loan Details

Juan lives with his wife and two children. He manufactures hammocks; he makes about three of them per month at home that he sells to support his family. At present, he’s asking for a loan to buy supplies for the business like silk cord in assorted colors. He also needs to buy sheeting for ... More from Juan Leonidas'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
  • 577
    View loans »
    El Salvador Loans Fundraising
  • $24,026,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Juan Leonidas to buy threads, rings and needles.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2012
Listed
Apr 16, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Juan Leonidas. It was first posted on Kiva on Jul, 2011. Learn More