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Carlos Mario

Update on Carlos Mario

Carlos is requesting a new loan so that he can invest in his business. He will buy soil and clay, which are his raw materials. This new loan will help him continue his production of bricks and cinder blocks.

The previous loan had a positive effect and allowed him to have the raw materials he needs. His family circumstances and income have improved and they have a better quality of life.
View original language description ↓
Carlos, se ha decidió por un nuevo préstamo para poder invertir en el negocio, comprando tierra y barro que son los materiales para trabajar, este nuevo préstamo le ayudara para que mantenga la producción de ladrilo y bloques.
Con el préstamo anterior tuvo un efecto positivo, le permitió tener materiales para trabajar, sus circunstancias familiares han mejorado, sus ingresos y viven en mejor condición con la familia.

Previous Loan Details

Carlos is single. He has no children. He works as a brick maker. He started this business five years ago on his own initiative. He has many customers that request brick and blocks for construction work. He is requesting a loan in order to purchase mud, sand and soil to make bricks. This purchas... More from Carlos Mario'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
  • 837
    View loans »
    El Salvador Loans Fundraising
  • $28,256,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Carlos Mario to buy soil and clay.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 8, 2012
Dec 3, 2012
Currency Exchange Loss:
May 18, 2014
This photo was used before for a previous loan for Carlos Mario. It was first posted on Kiva on Dec, 2011. Learn More