Update on Edwin Antonio31-year-old Edwin has made a living from making furniture for several years. He says that he learnt this trade when he began working at a young age in carpentry workshops. He really liked the idea of making furniture. He realised that it was profitable and he made the decision of building his own workshop with the few tools that he could buy with his savings.
Since he received the first loan his life has changed. His production has increased and he has more clients. For this reason he needed to get a new loan. He is very grateful to MiCrédito and Kiva for giving him a hand so he can continue making his workshop more technical by buying new machines. He says that his dream is to become a great businessman; this is a goal that he has set for himself, in addition to having a place where he can display his furniture, which is very beautiful and fine with a special finish.
He is requesting this loan in order to buy wood, plywood, nails, sandpaper, glue, and paint.
Solicitó este crédito para comprar madera, playwood, clavos, lija, pegamento, pintura.
Previous Loan DetailsEdwin, 31, is originally from Estelí. He is married with one son, and he is a carpenter. He started working for other people and that was where he learned the carpentry trade at the age of 18. However, after saving up his money, he was able to buy his own tools and he decided to start his own… More from Edwin Antonio'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.
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Success!! The loan was 100% repaid