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Manuel De Jesus

Update on Manuel De Jesus

Manuel is requesting a new loan to improve his business. He will invest in pigs for his farm. This purchase will enable him to increase his number of pigs and make more sales in the future. He believes that his previous loan helped him to strengthen his crops. He also believes that things have changed with regard to his family since receiving his loan.
View original language description ↓
Manuel, está solicitando un nuevo préstamo, para mejorar el negocio, el invertirá en cerdos para la granja, ya que esta compra le permite aumentar su número de cerdos a la granja y en un futuro también generar más ventas. Él considera que el préstamo anterior le ayudo para fortalecer los cultivos, con su familia tambien cree que han cambiado las circunstancias en comparación a antes del financiamiento.

Previous Loan Details

Manuel lives with his wife and one child. Only he works, and he dedicates himself to the farming of livestock and crops. He started many years ago when he was working with his father. Currently he works his own farm, and has no fixed schedule. Currently he is seeking a loan to purchase raw… More from Manuel De Jesus'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

  • $4,900
    Average annual income
  • 651
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Manuel De Jesus to buy pigs for his farm.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 4, 2012
Listed
Feb 7, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Manuel De Jesus. It was first posted on Kiva on Jul, 2011. Learn More