Update on Wuillian AlexiWuillian is requesting a new loan to improve his moto taxi and be able to offer better service to his customers. The loan will allow him to purchase tarpaulin and tires to do maintenance on his moto taxi.
His last loan allowed him to improve his express business and increase his customers and income. His family circumstances have optimized, he succeeded in remodeling his home and purchasing appliances for his household.
Con el crédito anterior le permitió mejorar su negocio exprés, incrementaron sus clientes y sus ingresos. Las circunstancias familiares se optimizaron, la vivienda logro remodelarla y adquirir electrodomésticos para el hogar.
Previous Loan DetailsWuillian lives with his wife and 2 children. He provides short trips for passengers in his moto taxi. He chose this business strategically so that he could help his family, because he had no job. So far, working as a moto-taxi driver has been very profitable. Wuillian needs to invest in his… More from Wuillian Alexi's previous loan »
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
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Success!! The loan was 100% repaid