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Marvin Yovani

Update on Marvin Yovani

Marvin is a very responsable person who has excellent payment references and because of this he is a trustworthy individual in many senses. He lives together with his wife and daughter who are his primary motivation for self improvement. Marvin possess an upholstery business where he works repairing furniture, such as: game room furniture, canteens, dressers, chairs and other items. He has many years of experience that allow him to complete his very high quality work which is the reason why he has many clients who are satisfied with his work. Marvin seeks a loan to buy: fabrics, wood, linings, threads and all of the items necessary for him to be be able to accept the majority of his work which, for him, is a blessing because more work equals more earnings for him and his family
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Marvin es una persona muy responsable y de excelente referencias de pago, por lo que es alguien confiable en muchos sentidos. Él vive junto a su esposa y una hija quienes son el mayor motivo para ser mejor. Marvin posee una tapicería en la que se dedica a la reparación de muebles como: juegos de sala, comedores, roperos, sillas y otros más, cuenta con varios años de experiencia lo que le ayuda a realizar un trabajo de mucha calidad, razón por la que cuenta con muchos clientes que se sienten satisfechos con su trabajo. Marvin solicita un préstamo para comprar: tela, pegamento, madera, forros, hilos y todo lo necesario para poder aceptar mayor cantidad de trabajo, lo cual para él es una bendición debido a que más trabajo es más ganancia para él y su familia.

Previous Loan Details

Marvin Yovani lives with his life partner and their daughter. He owns an upholstery business where he makes and repairs armchairs and chairs, among other items. He has worked in this industry for a few years and he has gained a great deal of experience, which allows him to continuously improve hi... More from Marvin Yovani's previous loan »

Additional Information

About Apoyo Integral

Apoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.

Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.

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
  • 744
    View loans »
    El Salvador Loans Fundraising
  • $26,192,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Marvin Yovani to buy wood, fabric and threads for upholstery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 12, 2013
Mar 3, 2013
Currency Exchange Loss:
Mar 17, 2014