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Update on Amado

Amado is requesting a new loan because he needs to fulfill orders he has for the season. This will allow him to pay for labor and to make string from mescal fiber.

The previous loan allowed him to fulfill the customer demand that existed. The business has helped him a lot, so his children will get ahead because they’re studying.
View original language description ↓
Amado, solicita un nuevo préstamo, porque necesita solventar pedidos para la temporada, este le servirá para pago de mano de obra y elaboración de pitas de mezcal.
Con el crédito anterior le permitió salir adelante con la demanda que se presentó. El negocio le ha ayudado mucho para que sus hijos salgan adelante ya que están estudiando.

Previous Loan Details

Amado works making hammocks and he provides service with a Nixtamal-brand grinder. He lives with his three children, all of whom are dependent. He learned the business from his family when he was very young. He has been doing this work for approximately four years to cover the household expens... More from Amado'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
  • 634
    View loans »
    El Salvador Loans Fundraising
  • $28,084,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Amado to pay for labor and to make string from mescal fiber.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 8, 2013
Mar 24, 2013
Currency Exchange Loss:
Jul 17, 2014