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William Alberto

Update on William Alberto

William is asking for a loan to be able to invest in his bread business, buying a certain quantity and variety from bakeries so that he has a greater variety to offer his customers.

He considers these loans to have allowed him to start the business selling bread. He is also baking it so that he can win new customers, and is increasing production little by little so that he doesn’t have to buy it. He says that everything has gone well for his family.
View original language description ↓
William, está solicitando un préstamo para poder invertir en su venta de pan, comprándose diariamente cierta cantidad a las panaderías de variedad de pan, con la intensión de tener surtido el negocio para los clientes.

El considera que estos prestamos le han permitido empezar el negocio con la venta de pan, y esta elaborandolo tambien para ganar clientes, poco a poco ira aumentando la producción para evitar comprarlo ya elaborado, en su familia comenta que todo a marchado bien.

Previous Loan Details

William lives with his parents and he has no children. He works as a baker in the mornings, selling bread in the evenings. He is requesting a loan in order to buy construction materials to build an oven in his house. The loan will help him start his own bakery, with a low rate production at firs... More from William Alberto'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
  • 458
    View loans »
    El Salvador Loans Fundraising
  • $23,123,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped William Alberto to buy bread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2012
Listed
Oct 7, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013
This photo was used before for a previous loan for William Alberto. It was first posted on Kiva on Apr, 2012. Learn More