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Juan Carlos

Update on Juan Carlos

Juan is applying for a loan to invest in his business and buy basic household items for the store: sugar, oil, dough, bread, snacks, coffee, and condiments.
His previous loan was successful; it allowed him to increase his inventory and sales, which improved his family's financial situation.
View original language description ↓
Juan, solicita un préstamo para invertir en el negocio, comprando mercadería de primera necesidad para la tienda como: azúcar, aceite, pastas, pan, boquitas, café, condimentos, entre otros productos de la canasta básica.
Con el préstamo anterior tuvo un efecto positivo, le ayudo a mejorar sus inventarios y obtener mejores ingresos para que sus condiciones familiares puedan mejorar.

Previous Loan Details

Juan lives with his wife and four children. He runs a shop in which he sells basic necessities. The business is over 20 years old and he serves his customers with the help of his family. Now Juan requests a loan to buy products like oil, sugar, toilet paper, cookies, and soft drinks. He sel... 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
  • 508
    View loans »
    El Salvador Loans Fundraising
  • $31,386,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Juan Carlos to buy sugar, oil, dough, bread, snacks, coffee, and condiments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 9, 2012
Dec 4, 2012
Currency Exchange Loss:
Jun 18, 2013
This photo was used before for a previous loan for Juan Carlos. It was first posted on Kiva on Nov, 2011. Learn More