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Reginaldo

Update on Reginaldo

Reginaldo is requesting a loan to stock his store with more products for the approaching season. He will buy candy, juice, soft drinks, flowers, lotions, and sugar, as well as other products to satisfy the demands of his customers.

The previous loan improved his inventory. During this period the father of his wife passed away. Apart from that, his family is doing well because of the income from the business, the desire to get better each day, and the approaching season.
View original language description ↓
Reginaldo, solicita su crédito para surtir la tienda, comprando más productos para la temporada que se acerca, comprara golosinas, jugos, sodas, flores, lociones, azúcar, entre otros productos que le permitan satisfacer las demandas de los clientes.
Su efecto con el préstamo anterior, mejoro su inventario, durante este periodo presencio la muerte del padre de su esposa, por lo demás su familia se mantiene, los ingresos y el deseo de mejorar cada día y mas por la temporada que se acerca.

Previous Loan Details

Reginaldo will continue investing in his business as his desire to do well gives him strength. He is requesting another loan to buy materials for making artificial flowers: paper, dyes, wire and candles, as he would like to be able to offer his customers funeral floral arrangements. Reginaldo... More from Reginaldo'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
  • 685
    View loans »
    El Salvador Loans Fundraising
  • $25,086,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Reginaldo to buy candy, juice, soft drinks, flowers, lotions, and sugar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013