Check out some available loans that are similar to this one!
Mauricio Alfredo

Update on Mauricio Alfredo

Mauricio has decided to invest further in his business, and for this purpose he is requesting a loan which will allow him to invest in buying iron in various sizes, sheet metal and electrodes, along with other necessary supplies for his workshop where he makes balconies and doors. This loan will continue providing Mauricio with the economic resources which he needs so much in order to invest in raw materials.

The previous loan allowed him to continue working and thus he was able to better serve his customers. He has had a great ability to carry out his projects. As for his economic condition, he believes that it is changing, as he obtains new customers and better earnings.
View original language description ↓
Mauricio, se ha decidido por invertir más en el negocio y para esto solicita un préstamo que le permita invertir en la compra del hierro de diferentes medidas, lámina, electrodos, entre otros materiales que son necesarios en su taller para la elaboración de balcones y puertas, este préstamo continuará brindándole a Mauricio el recurso económico que es tan necesario para invertir en la materia prima.

Le permitió el préstamo anterior todo lo necesario para continuar trabajando y así atendió mejor a los clientes, ha tenido una gran capacidad para poder realizar sus trabajos y su condición económica considera que está cambiando obteniendo nuevos clientes y mejores ganancias.

Previous Loan Details

Mauricio lives with his parents and brothers. He is single and runs a metalworking shop. He learned his trade from his family and by working in other shops. He does not have a set schedule for his workshop. He is currently applying for a loan to purchase iron pieces of different sizes, electri... More from Mauricio Alfredo'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
  • 715
    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 $550 helped Mauricio Alfredo to buy iron in various sizes, sheet metal and electrodes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 18, 2013
This photo was used before for a previous loan for Mauricio Alfredo. It was first posted on Kiva on Mar, 2012. Learn More