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Matilde De Jesus

Update on Matilde De Jesus

Matilde was born in was born in Coyolito county in La Concordia, a municipality of Jinotega. He states that he used the first Kiva loan for supplies, fertilizer, labor payments, and gasoline for his irrigation motor, which all contributed to a successful cabbage planting. He notes that he earns good income, has good management skills, and gets a fair price for his crops. He is requesting a loan again for supplies, fertilizer, labor payments, and gasoline in order to plant cabbage in another area. He wishes to continue working in his business in order to get ahead and increase his land for planting.
View original language description ↓
Matilde, originario de la comarca El Coyolito, Jinotega nos expresa lo que represento para el su primer préstamo KIVA, que utilizo para compra de insumos , abono, pago de mano de obra , gasolina para su motor de riego todo esto contribuyo a sacar adelante su siembra de repollo. La cual noto que deja buenos ingresos sise sabe administrar y conseguir un precio justo por su cultivo. Por lo cual está solicitando de nuevo este crédito para volver a comprar insumos, fertilizantes, pago de mano de obra, gasolina para sembrar un área mas de repollo. El desea seguir trabajando en su negocio para salir adelante y llegar aumentar sus terrenos de siembra.

Previous Loan Details

Matilde, 24 years old and single, was born in Coyolito county in La Concordia, a municipality of Jinotega. He cultivates vegetables for a living since he inherited the activity from his parents. His older siblings and the rest of the family are also involved in agriculture and grow cabbage, tom... More from Matilde 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 Nicaragua

  • $3,636
    Average annual income
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,389,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Matilde De Jesus to pay for labor and to purchase supplies, fertilizer, and gasoline in order to plant cabbage in another area.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 19, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012
This photo was used before for a previous loan for Matilde De Jesus. It was first posted on Kiva on Dec, 2011. Learn More