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Fredy Isai

Update on Fredy Isai

Fredy has decided to request another loan to invest in his business. He will buy some plated jewelry such as earrings, chains, bracelets, and rings, which he presents for customers and has been successful selling.

With his previous loan, Fredy was able to increase his sales with the various pieces of jewelry he bought. He has been able to increase his earnings and improve his family's quality of life.
View original language description ↓
Fredy, se ha decidido por un nuevo préstamo, para poder invertir en el negocio, adquiriendo variedad de prendas enchapadas como aretes, cadenas, pulseras y anillos, que son el producto que muestra a los clientes y del cual obtiene buenos beneficios.

Él manifiesta que a través de los préstamos ha logrado tener mejores ventas, pues adquirió prendas en variedad de estilos, le ha permitido en su familia mejorar la calidad de vida y sus ingresos.

Previous Loan Details

Fredy makes a living selling jewelry. He is married with two children, ages 10 and 12. He chose this business to work for his family and give them their daily food. He also performs some agricultural work, such as sowing basic grains. He is asking for this loan to buy more merchandise, such as... More from Fredy Isai'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
  • 754
    View loans »
    El Salvador Loans Fundraising
  • $25,534,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Fredy Isai to buy earrings, chains, bracelets, and rings.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 15, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Fredy Isai. It was first posted on Kiva on Nov, 2012. Learn More