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Carlos Eduardo

Update on Carlos Eduardo

Carlos wants to add to his clothing inventory so that he can increase his sales. He will buy blouses, pants, suits, underwear, skirts, and other garments. He also wants to purchase other types of merchandise such as body lotion and expects this investment will help him be successful in the market. He was able to grow his business with his previous loan by purchasing merchandise. His family has grown, and his goal is to have a permanent space for his business.
View original language description ↓
Carlos, quiere mejorar el inventario de ropa, para poder mejorar sus ventas, se compra blusas, pantalones, trajes, ropa interior, faldas, entre otras prendas, además quiere agregar otro tipo de mercadería como cremas para el cuerpo, esta inversión espera le ayude a mantenerse en el mercado.
El efecto que tuvo con el préstamo anterior mejoro su negocio, ya que invirtió en mercadería, en su familia comenta que han aumentado, su objetivo con el negocio es tener un local fijo de venta.

Previous Loan Details

Carlos is requesting a new loan to buy a range of clothing such as shirts, pants, blouses and dresses. With this investment, he hopes to stock his business, increase his sales and make bigger profits, which will have a positive effect on both his business and his life, as was the case with his… More from Carlos Eduardo'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
  • 652
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Carlos Eduardo to buy blouses, pants, suits, underwear, and skirts.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2013