Update on Manuel IsaacManuel Isaac, 27, is single and studied for five years in primary school. He makes a living weaving clothing and napkins. He began this business as his father's helper and now has eight years of experience in it. He is supported by his family.
He is requesting a loan that will help him to buy two completely equipped looms, which will help him improve production since he wants to hire two more workers and thus contribute to the employment of two more people.
He hopes to continue administering his business in the best way possible.
Solicita un préstamo que le servirá para la compra de 2 telares completamente equipados, esto para mejorar su producción , ya que quiere implementar otros 2 puestos de trabajo, contribuyendo así a dar trabajos a 2 personas mas. Espera seguir administrando de la mejor manera su negocio.
Previous Loan DetailsSr. Manuel Isaac is 26 years old, single, and produces woven crafts, such as traditional skirts. He started this business thanks to the help of his Heavenly Father and now he has five years of experience.
Manuel is requesting a loan so that he can invest in the purchase of materials for we... More from Manuel Isaac's previous loan »
About Asociación ASDIRASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.
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.
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