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Juan Antonio

Update on Juan Antonio

Juan is applying for a seasonal loan to stock his business and service the students who come after school. He will buy snacks, sodas, juices, and other items his customers want. With the previous loan, he was able to increase his sales and income and bought a vehicle so that he could offer merchandise as a street vendor. He expects that this will improve his family's financial situation.
View original language description ↓
Juan, solicita un préstamo para la temporada, surtiendo el negocio para atender la demanda de los jóvenes que salen de sus estudios, comprara boquitas, gaseosas, jugos, entre otros que son demandados por los clientes.
Con el préstamo anterior logro mejorar los ingresos de sus ventas, ha adquirido un vehículo para vender de forma ambulante, con esto espera ir posicionándose económicamente con su familia.

Previous Loan Details

Juan runs a grocery store where he sells home products. He lives with his wife and they have two children. He started the business on his own initiative. His advantage is location for he has high demand. He’s asking for a loan to improve the business by having more products available like be... More from Juan 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

  • $7,500
    Average annual income
  • 760
    View loans »
    El Salvador Loans Fundraising
  • $25,574,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Juan Antonio to buy snacks, sodas, and juices.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Juan Antonio. It was first posted on Kiva on Aug, 2012. Learn More