Update on IsraelIsrael has dedicated himself to a loan for the purchase of computer repairs. He will buy a wireless signal booster antenna so that he will be able to sell internet service as well as computer accessories such as mouse devices, monitors, USB drives, and hard drives.
He notes how these loans have allowed him to improve by providing a positive effect so that his business is in good condition, provides satisfactory service to his clients, and brings his family to a stable condition. He wants to continue improving the location and generate more income.
El considera que estos préstamo han permitido mejorar, con un efecto positivo para que su negocio este en buenas condiciones, satisfaciendo en el servicio a los clientes, su condición en la familia se encuentra estable, desea ir mejorando el local y generar más ingresos.
Previous Loan DetailsIsrael lives with his wife. They don’t have children. He has a cybercafé. He studied to be an electrician, but later he learned a lot about computers and decided to start his computer business, which he’s now had for five years. He provides document typing and formatting services and also interne... More from Israel's previous loan »
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
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Success!! The loan was 100% repaid