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

Update on Juan De Dios

Juan is requesting a new loan in order to bolster his business with more working capital. He'll purchase paint, sandpaper, iron and other items he needs for working with metal structures and manufacturing doors and balconies. This loan will help him to keep his business going and also to continue providing a good service.
The previous loan helped him to strengthen his shop with the materials he needed. This resulted in higher earnings for his family and for covering his daily expenses.
View original language description ↓
Juan, está solicitando un nuevo préstamo para fortalecer el negocio con más capital de trabajo, comparándose pintura, lijas, hierro, entre otros que son necesarios para trabajar en estructuras metálicas elaborando puertas y balcones, este crédito le ayudara a darle continuidad a su negocio y a continuar también prestando un buen servicio.

El préstamo anterior le ayudó a fortalecer el taller con los materiales necesarios, esto mismo le produjo unas mejores ganancias para su familia y cubrir sus gastos cotidianos.

Previous Loan Details

Juan is 37 years old and resides in San Miguel with his wife and two children, ages 11 and 14. He has a workshop where he makes metal structures. Juan works every day of the week from 6am to 5pm. He has been managing his workshop for a year and has not experienced any major difficulties to thi... More from Juan De Dios'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
  • 481
    View loans »
    El Salvador Loans Fundraising
  • $23,334,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Juan De Dios to purchase paint, sandpaper and iron.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 17, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Juan De Dios. It was first posted on Kiva on Apr, 2011. Learn More