Update on Raul AntonioRaúl saw the need to request a new loan, since he needs more working capital to continue investing in his store and bakery. This loan will help him purchase flour, sweets, drinks, vegetables, corn, and other items.
His last loan allowed him to improve his business and expand his customer base, which increased his sales. The financial conditions and circumstances of his family have improved.
El crédito anterior le permitió mejorar el negocio y aumentar su clientela, es por ello que aumentaron sus ventas. Las condiciones económicas y las circunstancias familiares han mejorado.
Previous Loan DetailsRaúl is married and enjoys his two children, ages 6 and 10 years old, and he receives no help from outside the country. He owns a small grocery store which he opens at 6:00 AM until 4:00 PM. He started the business in order to obtain income to support his family. The loan he needs will permit hi... More from Raul Antonio's previous loan »
Concurrent and Successive Loans
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About El Salvador
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- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Aug 13, 2013
- Aug 30, 2013
- Currency Exchange Loss:
- Sep 29, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.