Check out other loans that are currently fundraising!
Alcides Aristides

Update on Alcides Aristides

Alcides is requesting a new loan to keep investing in his salt sales business. This will allow him to buy packing bags. He will also buy one load of iodized salt.
His previous loan helped him to increase production. His sales and income increased; his economic conditions and his family's circumstances have improved.
View original language description ↓
Alcides, solicita un nuevo préstamo para seguir invirtiendo en su negocio de venta de sal; este le permitirá comprar bolsas de empaque de sal y un viaje de sal yodada.
El crédito anterior le ayudo a mejorar la producción, aumentaron las ventas e incrementaron los ingresos; las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

Alcides lives with his family and earns his living by selling salt. He is married and has two children (ages 5 and 7) who are financially dependent on him. Alcides started this business as a way of providing his household with whatever is needed. He learned this business from his father.… More from Alcides Aristides'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

  • $4,900
    Average annual income
  • 445
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $725 helped Alcides Aristides to buy packing bags and a load of iodized salt.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
May 18, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013