Update on Alan EduardoAlan Eduardo is married and 23 years old. He has a high school education and one child. He makes a living by offering students transportation services between their place of residence and other parts of the country. He started this business with the help of his father and now has five years of experience.
He is requesting a loan, which he will use to repair his vehicle and change some parts that are now worn out in order to offer his customers excellent service. He will also have a full service done on his vehicle. He wants to continue improving his business and have good productivity.
solicita un préstamo que lo utilizara para repara su vehículo y cambio de algunos repuesto ya desgastados, para ofrecer un excelente servicio a sus cliente, y como también dar un servicio completo a su vehículo, quiere seguir mejorando y tener una buena productividad.
Previous Loan DetailsAlan Eduardo is 22 years old and married. He has a high school education, and he has one child. He devotes himself to transportation services for students from where he lives to other places in our country. He started this business with the support of his father. So far he has four years of... More from Alan Eduardo's previous loan »
About Asociación ASDIRASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.
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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Success!! The loan was 100% repaid
- Repayment Term
- 20 months (Additional Information)
- Repayment Schedule
- Nov 2, 2012
- Nov 18, 2012
- Currency Exchange Loss:
- Jun 18, 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.