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Hector Gustavo

Update on Hector Gustavo

Héctor is requesting a loan so he can buy a set of tools including wrenches and screwdrivers, which will help him provide good repair service to the customers he serves as a plumber and mechanic's assistant. He says that the previous loan gave him the necessary resources to improve the tools he uses in his business, which has allowed him to continue offering good service and expand his customer base.
View original language description ↓
Héctor, está solicitando un préstamo para comprarse un equipo de herramientas múltiples como llaves y desarmadores, esto le ayudará a poder realizar un buen servicio de reparación a los clientes cuando realiza las actividades de fontaneria y ayudante de mecanico.
El manifiesta que el préstamo anterior le dio los recursos necesarios para mejorar las herramientas que utiliza en el negocio, con la que ha podido seguir brindando buen servicio y creciendo en clientela.

Previous Loan Details

Héctor lives with his wife and son. He is a laborer working in construction, plumbing and as a mechanic’s assistant. He gets jobs in any of these fields to generate family income. He’s asking for a loan to buy a polishing machine which is a tool he needs to improve his work because he need... More from Hector Gustavo'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
  • 879
    View loans »
    El Salvador Loans Fundraising
  • $28,305,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $200 helped Hector Gustavo to buy wrenches and screwdrivers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 16, 2012
Jun 11, 2012
Currency Exchange Loss:
Aug 16, 2012
This photo was used before for a previous loan for Hector Gustavo. It was first posted on Kiva on Mar, 2012. Learn More