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Raul Antonio

Update on Raul Antonio

Raul is requesting more capital to invest in his bakery. At this time, he will buy flour, sugar, cinnamon, yeast, etc. These are the raw materials used to make the various types of bread that he sells. He will also invest in products for his shop.

Raul's previous investment made his business more productive. His sales have increased, and this new income has enabled him to pay off his debts, cover the household expenses, and have more satisfied customers.
View original language description ↓
Raúl, está solicitando más capital para invertirlo en su panadería, en esta oportunidad comprara harina, azúcar, canela, levadura, etc., que son su materia prima para seguir elaborando las distintas clases de pan que vende.Tambien invertira en productos para su tienda.
La inversión anterior le dio un negocio más productivo, sus ventas son mayores, los ingresos nuevos le han permitido cancelar sus deudas,y cubrir los gastos de su hogar, tiene más clientes satisfechos.

Previous Loan Details

Raúl is married and enjoys his two children, ages 6 and 10 years old, and he receives no help from outside the country. He owns a small grocery store which he opens at 6:00 AM until 4:00 PM. He started the business in order to obtain income to support his family. The loan he needs will permit hi... More from Raul Antonio'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
  • 599
    View loans »
    El Salvador Loans Fundraising
  • $31,854,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Raul Antonio to buy flour, sugar, cinnamon and yeast.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 6, 2013
Nov 29, 2013
Currency Exchange Loss:
May 18, 2014