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Juan Ramon

Update on Juan Ramon

Juan is requesting a new loan in order to buy lotions, lint brushes, batteries, shoes, crèmes, and other products. This will enable him to have a variety of products in order to keep his customers satisfied so that they will remain loyal to his business. He hopes to improve his earnings so that he can get ahead.

With his previous investment, Juan was able to have a wide variety of products available for his customers. This facilitated an increase in his sales and more income. As a result, he was able to repay his debts and improve his family’s lifestyle.
View original language description ↓
Juan, solicita un nuevo crédito para realizar la comprará de lociones, cepillos para ropa, baterías, calzado, cremas, etc., con ello tendrá una variedad de productos para que sus clientes se mantengan satisfechos y fieles a su negocio, espera mejorar los ingresos para salir a delante.
Con la inversión anterior Juan pudo tener una variedad de productos a la disposición de sus clientes, o que le facilito la aumentar sus ventas, tener mejores ganancias, con las que ha cancelado sus cuotas y mejorado el estilo de vida familiar.

Previous Loan Details

Juan works as a salesman at a store in town. He earns an extra income selling wallets, shoes and other merchandise. He is married and has no children. He has been a salesman for 5 years and operated his own business for two years. He is applying for a loan to shoes, batteries, dishware and… More from Juan Ramon'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.

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About El Salvador

  • $4,900
    Average annual income
  • 450
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,025 helped Juan Ramon to buy lotions, lint brushes, batteries, shoes, crèmes, and other products.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2014
Listed
Feb 6, 2014
Currency Exchange Loss:
N/A
Expired:
Mar 8, 2014