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Update on Juan

Juan is requesting a new loan because he needs to invest more in purchasing merchandise. He will invest this loan in the acquisition of vitamins for both adults and children.

The previous loan allowed him to grow his inventory and to improve his profits. His home circumstances have improved and economic conditions have remained constant.
View original language description ↓
Juan, solicita un nuevo préstamo por la necesidad de invertir más en el negocio de compra de mercadería. Este le invertirá en la adquisición de vitaminas para adultos y niños.
El crédito anterior le permitió incrementar sus inventarios y mejorar sus ingresos. Las circunstancias familiares han mejorado y las condiciones económicas se mantienen igual.

Previous Loan Details

Juan is a vendor of natural medicines. He is 58 years old and lives with his wife. They have no children. He owns a shop in the city, which he has run for the past ten years, having learned the business from his parents. He is asking for a loan to buy naturally formulated medicines, for exa... More from Juan'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
  • 567
    View loans »
    El Salvador Loans Fundraising
  • $31,710,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Juan to buy vitamins for adults and children.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 13, 2013
Apr 10, 2013
Currency Exchange Loss:
Oct 17, 2013
This photo was used before for a previous loan for Juan. It was first posted on Kiva on Nov, 2012. Learn More