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Juan Carlos

Update on Juan Carlos

Juan is requesting a new loan so he can improve his business by purchasing a variety of fresh fruits at wholesale. He will buy oranges, watermelons, melons, and any other fruits he needs to keep his business stocked.

Juan's previous loan had a positive effect. He was able to sell the fruits, improving his earnings. He feels that his family is now better off.
View original language description ↓
Juan, solicita un nuevo préstamo para poder mejorar el negocio, adquiriendo variedad de frutas frescas por mayoreo, se comprara naranjas, sandias, melones, entre otras que sean necesarias para mantener el negocio surtido.
Con el préstamo anterior tuvo un efecto positivo, logro comercializar las frutas, mejorando las ganancias, en su familia tambien considera que está en mejor condición.

Previous Loan Details

Juan works selling fruit wholesale and also makes trips in a vehicle. He lives with his wife and a daughter who is still dependent. He started the business because he needed to earn money and support his family. The fruit sales are in accordance with the season. He is requesting a loan beca... More from Juan Carlos'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
  • 770
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Juan Carlos to purchase oranges, watermelons, and melons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013
This photo was used before for a previous loan for Juan Carlos. It was first posted on Kiva on Aug, 2012. Learn More