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Donis Luis

Update on Donis Luis

Donis, who lives in the city of Leon, tells us that his first experience was very positive for him, as he used the loan to buy cell phone accessories and PlayStation video games. His sales increased, and he made more of a name for himself as a business owner.

Now he wants to continue moving forward. He needs a computer for work, and this is why he is applying for the loan to buy a new computer with its accessories. He wishes to gradually buy new machines to rent, and to stop using televisions. His aim is to improve his business and make it grow.
View original language description ↓
Donis, habitante de la ciudad de León, nos expresa que su primera experiencia fue muy positiva para el, pues utilizo el crédito para comprar accesorios para celular ,video juegos para play station. Sus ventas aumentaron se dio a conocer mas como comerciante. Ahora quiere seguir avanzando el necesita una computadora para trabajar es por ello que solicita el crédito para comprar una computadora nueva con sus accesorios. EL desea ir comprando maquinas nuevas para alquilar y dejar de usar televisores, su objetivo es hacer crecer y mejorar su negocio.

Previous Loan Details

Donis is 30 years old and originally from Quezalguaque - a village in León. He has two children and is a salesman. Donis sells CDs and DVDs. He used to work in on the land, then he worked in construction. Two years ago he started working in sales, selling CDs and DVDs. His wife helps him in ... More from Donis Luis'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

  • $4,800
    Average annual income
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,760,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Donis Luis to buy a new computer with its accessories.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2012
Listed
Apr 11, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013