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Javier De Jesus

Update on Javier De Jesus

Javier de Jesús, is 37 years old and has a natural medicine business. He has plenty of competition but he looks for strategies to be able to sell his products. He is asking for a loan in order to invest in natural medicines, which are sought out by his clients. He wants to buy Panadol, vitamins, tonics, dietary supplements, among other things that his customers ask for.
View original language description ↓
Javier de Jesús, tiene 37 años de edad, tiene un negocio que es la venta de medicamento naturales, tiene bastante competencia pero busca como salir adelante buscando estrategias para poder vender su producto. Javier está solicitando un financiamiento para poder invertir en medicina naturales que son las más buscadas por sus clientes, para ello va comprar: panadol, vitaminas, jarbes, suplementos, dolovitalgia entre otros productos que son los demandados por sus clientes.

Previous Loan Details

Javier De Jesús is 56 years old. His activity is selling natural remedies and plaster statues of saints. He’s been in business for over 11 years. The desire to get ahead in this business has made him into a very responsible man. Javier has to rise very early every day to start his work day ... More from Javier De Jesus's previous loan »

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

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 Nicaragua

  • $4,800
    Average annual income
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 22.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Javier De Jesus to buy inventory.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Nov 21, 2011
Dec 3, 2011
Currency Exchange Loss:
Nov 15, 2012