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Carlos Alberto

Update on Carlos Alberto

Carlos needs a loan because his vehicle needs repairs to keep it in good shape. He will use the money to buy tires, repair the body, and do other maintenance that the mechanic feels it needs to be able to provide transportation.

He used the money from the previous loan to help increase his income since he provides trips. He wants to keep his vehicle in good condition because the household depends on this income and his home circumstances have remained stable.
View original language description ↓
Carlos, tiene la necesidad de un préstamo, porque su vehículo necesita la reparación para mantenerse en buenas condiciones, invirtiendo en llantas, reparación de culata, y en todo el mantenimiento que considere el mecánico para poderse transportar.
Con el préstamo anterior, ayudo a mejorar sus ingresos ya que se dedica a realizar viajes, por eso es su interés en tener en buenas condiciones el vehículo, pues de este dependen los ingresos para la familia, sus circunstancias en el hogar se han mantenido.

Previous Loan Details

Carlos lives with his wife and two children. He’s married and works hauling cargo. He makes trips to his customers’ homes transporting corn, feed concentrate, beans and all types of material; he’s been in this business several years now. He is asking for a loan to repair his vehicle. This... More from Carlos Alberto'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
  • 580
    View loans »
    El Salvador Loans Fundraising
  • $23,934,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Carlos Alberto to repair his vehicle.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Carlos Alberto. It was first posted on Kiva on Nov, 2011. Learn More