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Update on Tomas

Tomás is seeking a new loan to invest in his business. He wants to have a supply of medicines that he can offer to his customers. Among these are cold and flu medicine, vitamins, antibiotics and other health products. He will be able to offer a wide variety of items to meet the varying needs of his clients.

His goal is to be consistently improving his business. He reports that thanks to previous loans he has been able to continue to make improvements to his business and has managed to earn higher income for his family.
View original language description ↓
Tomás, está solicitando un nuevo préstamo para invertirlo en el negocio, ya que quiere comprarse un surtido de medicamentos para salir a ofrecer a los clientes, entre ellos llevará antigripales, vitaminas, antibióticos, productos curativos, con lo que podrá ofrecer una amplia variedad, según las necesidades de los clientes.
El objetivo de Tomás es mejorar cada vez el negocio, considera que a través de estos préstamos está consiguiendo la superación ya que ha cambiado la condición del negocio y ha logrado ingresar mayores ganancias a su familia.

Previous Loan Details

Tomas lives with his parents and two siblings. He doesn't have any children and sells natural medicines for a living. He started his business with the help of a friend and now he has a lot of experience. He doesn't have a fixed schedule and goes out every day to sell his products. He will ... More from Tomas'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
  • 678
    View loans »
    El Salvador Loans Fundraising
  • $26,152,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Tomas to buy cold and flu medicine, vitamins, antibiotics and other health products.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 16, 2012
Jun 11, 2012
Currency Exchange Loss:
Feb 16, 2013
This photo was used before for a previous loan for Tomas. It was first posted on Kiva on Oct, 2011. Learn More