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Juan Carlos

Update on Juan Carlos

Juan needs to invest more in his business, so he is requesting another loan to purchase vitamins, antibiotics, and natural medicine products, as well as purchase basic staples such as rice, oil, and condiments for a store that he has managed to open.

For Juan, the loan has been a beneficial experience since he managed to stock his store and his sales have improved. The family is able to support itself. Their economic situation has improved a little, but it needs more work to continue improving.
View original language description ↓
Juan, se le presento la necesidad de invertir más en su negocio, es por ello que nos solicito otro crédito para comprar vitaminas, antibioticos, productos medicinales naturales y comprar productos de primera necesidad para una tienda que ha logrado instalar como arroz, aceite, condimentos.
Para Juan la experiencia con los prestamos ha sido favorable, ya que sus ventas han mejorado, logro surtir el negocio.en su familia se mantienen, la situación económica mejoro un poco pero necesita mas trabjo para mejorar mas.

Previous Loan Details

Juan lives with his aunt and a godfather. He is single. He sells natural medicines. He learned this business from his family. He works Monday through Saturday. He has been working in this business for 6 years. He is requesting a loan to buy natural products such as flax, omega, cod fish oil, ... More from Juan Carlos'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

  • $7,500
    Average annual income
  • 545
    View loans »
    El Salvador Loans Fundraising
  • $31,800,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Juan Carlos purchase vitamins, antibiotics, oil, rice, and condiments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 17, 2012
Sep 20, 2012
Currency Exchange Loss:
Sep 18, 2013
This photo was used before for a previous loan for Juan Carlos. It was first posted on Kiva on Apr, 2012. Learn More