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Edras Isai

Update on Edras Isai

Edras has improved his business with the help of loans. That is why he has decided to ask for more capital again to renew the inventory of the clothes he sells. He will buy skirts, shirts, pants, dresses, underwear, and other items of clothing in different styles, colors and sizes. With the rest, he will stock the mini-store that he has been able to open. He will buy rice, beans, snacks, bread, oil, soap, eggs, etc. The previous loan allowed him to keep working and generating income to give his family what they need to have a more comfortable life, as well as maintain his good credit history.
View original language description ↓
Edras, ha mejorado su negocio con ayuda de créditos por lo que nuevamente se decidió a solicitar más capital para renovar el inventario de la venta de ropa, comprara faldas, camisas, pantalones, vestidos, ropa interior, entre otras prendas variadas en estilos, colores y tallas, con lo restante surtirá en la mini tienda que ha logrado establecer comprara arroz, frijoles, golosinas, pan, aceite, jabón, huevos, etc.,
La inversión anterior le permitió mantenerse trabajando y generando ingresos con los que ha dado a su familia lo necesario para tener una vida más confortable y mantener su buen record crediticio.

Previous Loan Details

Edras is married and lives with his wife. He makes a living selling new clothing, a trade he learned from a young age from his father. Edras now works autonomously from 8am until 5pm, depending on sales. It is not difficult for him to run this business. Edras will invest this loan in buying... More from Edras Isai'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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 625
    View loans »
    El Salvador Loans Fundraising
  • $24,271,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Edras Isai to buy skirts, shirts, pants, dresses, underwear, rice, beans, snacks, bread, oil, soap, eggs, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2014
Listed
Jul 23, 2014
Currency Exchange Loss:
N/A
Ended:
May 17, 2015
This photo was used before for a previous loan for Edras Isai. It was first posted on Kiva on Dec, 2013. Learn More