Update on Nestor AntonioUpon entering Nestor’s small mechanics shop, one can see the hard work that he does, from repairing lights to completely refinishing auto bodies that are in poor condition. He is a young man, age 32, who in spite of not completing his schooling, did not give up, but looked for a productive way to get ahead. He learned the trade when he worked as an assistant in different repair shops.
Every day he gets up with a lot of enthusiasm and energy, and thanks to the good work that he does, he has earned good customers. In order to keep fighting for his goals, he is requesting a loan. It is for the purchase of materials such as zinc, rods, wrenches, extractors, and purlins, along with other items, and he is relying on the financing.
Because his objective is to prosper in life, he wants to be a great businessman, and his efforts to move forward stand out. Besides working in the repair shop, he makes industrial stoves, which has generated good income for him. One of his future plans is to have a bigger repair shop with more helpers in order to meet his customers’ needs.
Para seguir en la lucha de sus metas el solicita un crédito para la compra de materiales, tales como zinc, varillas, llaves, extractores, perlines entre otros. El deposita su confianza en el financiamiento puesto que objetivo es prosperar en la vida, quiere ser un gran empresario. Su esfuerzo por salir adelante es notorio, ya que aparte de trabajar en el taller, elabora cocinas industriales, lo que le ha generado buenos ingresos. Uno de sus planes futuros es llegar a tener un taller más grande y con más colaboradores para satisfacer las necesidades de sus clientes.
Previous Loan DetailsNéstor is from the city of Estelí and is single. He is 32 years old. He makes a living by providing the services of metal straightening and painting. He started learning this work that his friends did, and little by little he saved up and managed to buy his own machine. This was how he started his… More from Nestor 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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