Update on Moises AdalbertoMoisés needs capital in order to repair his truck. He is requesting a new loan to purchase tires. His truck is a key element in his work, as it enables him to transport the bricks he produces to his clients, allowing him to provide for his family.
With his previous loan he purchased materials to produce bricks and cinder blocks. As a result, he has been able to maintain his home and has provided his family with a better quality of life.
El considera que gracias al préstamo anterior pudo mejorar su trabajo, adquirio materiales para fabricar ladrillos y bloques, gracias a ello ha podido mantenerse y tener una mejor calidad de vida junto a su familia.
Previous Loan DetailsMoisés lives with his wife. He makes a living doing brickwork. At his job, he uses concrete to make bricks and blocks for housing. He has a place for this business in his home, and his customers come to this place to ask for his products. Right now he is asking for a loan to buy sand and ceme... More from Moises Adalberto's previous loan »
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
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Sep 27, 2012
- Oct 23, 2012
- Currency Exchange Loss:
- Jul 18, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.