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Mauricio Antonio

Update on Mauricio Antonio

Mauricio has decided to apply for a new loan so that he can continue to invest in pigs. This time he plans to buy five pigs. This will help him to continue selling pigs, and he hopes to get a good return on his investment.

He reports that with his previous loan he was able to increase his sales, since he made a good purchase. This helps him to improve his family's circumstances little by little.
View original language description ↓
Mauricio, se ha decidido por un nuevo préstamo, para seguir invirtiendo en cerdos, comprando 5, esto le ayudara para seguir comercializando los cerdos, espera realizar una buena inversión.
El comenta que el préstamo anterior le permitió mejorar sus ventas, ya que realizo una buena compra, tener mejores ingresos para cambiar sus circunstancias familiares poco a poco.

Previous Loan Details

Mauricio is asking for a new loan because he wants to buy more pigs for his business. His aim is to buy them when they are small. He wants to buy around five, as this will give him the opportunity to expand his farm. His goal is to keep working and keep the business going.   The impact of the ... More from Mauricio Antonio'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
  • 784
    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 $750 helped Mauricio Antonio to buy five pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2013