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Alan Eduardo

Update on Alan Eduardo

Alan Eduardo is married and 23 years old. He has a high school education and one child. He makes a living by offering students transportation services between their place of residence and other parts of the country. He started this business with the help of his father and now has five years of experience.

He is requesting a loan, which he will use to repair his vehicle and change some parts that are now worn out in order to offer his customers excellent service. He will also have a full service done on his vehicle. He wants to continue improving his business and have good productivity.
View original language description ↓
El señor Alan Eduardo es casado, tiene 23 años de edad, cursó los grado de educación diversificada, tiene 1 hijo, se dedica a la prestación de servicios de transporte a estudiantes del lugar donde vive hacia otros lugares de nuestro país, inició este negocio con el apoyo de su padre y hasta el momento lleva 5 años de experiencia.

solicita un préstamo que lo utilizara para repara su vehículo y cambio de algunos repuesto ya desgastados, para ofrecer un excelente servicio a sus cliente, y como también dar un servicio completo a su vehículo, quiere seguir mejorando y tener una buena productividad.

Previous Loan Details

Alan Eduardo is 22 years old and married. He has a high school education, and he has one child. He devotes himself to transportation services for students from where he lives to other places in our country. He started this business with the support of his father. So far he has four years of... More from Alan Eduardo's previous loan »

Additional Information

About Asociación ASDIR

ASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.

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 Guatemala

  • $4,155
    Average annual income
  • 56
    View loans »
    Guatemala Loans Fundraising
  • $8,797,675
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Alan Eduardo to buy spare parts for his vehicle.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Alan Eduardo. It was first posted on Kiva on Jan, 2012. Learn More