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Ernesto Antonio

Update on Ernesto Antonio

Ernesto has decided to take out a new loan because the institution makes it easy to pay and because he worked well with the institution. He will purchase accessories and spare parts for computers: cards, memory, and extensions. These items are necessary for increasing his inventory.
His previous loan had a positive impact on his business. With the new products he purchased, he made a better income and was able to provide better customer service. His living conditions are stable.
View original language description ↓
Ernesto, se ha decidido por un nuevo préstamo por la facilidad de pago que se le brinda y por qué ha trabajado bien con la institución, se comprará accesorios y repuestos para computadoras, tarjetas, memorias, regletas, que son necesarias para aumentar el inventario.

Con el préstamo anterior tuvo un efecto positivo, con él material que compró obtuvo mejores ingresos y una mejor atención a los clientes atendidos en una con estabilidad en su condición de vida.

Previous Loan Details

Ernesto lives with his parents in their own house. He is single. He works on repairing and maintaining computers. A year ago, he started his small shop, which emerged by his own initiative and, until now, has not faced any challenges. He is requesting a loan to buy parts and accessories for… More from Ernesto Antonio'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
  • 416
    View loans »
    El Salvador Loans Fundraising
  • $22,766,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Ernesto Antonio to buy computer accessories: cards, memory, and extensions.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Nov 10, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Ernesto Antonio. It was first posted on Kiva on Jun, 2012. Learn More