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Emigdio De Jesus

Update on Emigdio De Jesus

Emigdio is seeking a new loan. His business has received positive attention, and these loans have helped him to improve his business. With this loan he plans to purchase pigs for his farm, which he will fatten so that he can resell them. His business strategy is to buy small pigs and fatten them, then put them up for sale so that he can make a profit.

With his previous loan he was able to make improvements to his business and have everything he needed in order to continue his operations. Recently his economic and family conditions have remained stable.
View original language description ↓
Emigdio, está solicitando un nuevo préstamo considera que se motivó porque ha recibido una buena atención y al mismo tiempo estos créditos le han ayudado a mejorar el negocio, en esta ocasión se comprara cerdos para la granja, los cuales estarán en el proceso de engorde para luego poderlos comercializar, su dinámica en el negocio es la compra de los cerdos pequeños engordarlos, crecerlos y ponerlos a la venta para poder obtener un margen de ganancia.
El préstamo anterior le permitió mejorar el negocio y tener lo necesario para continuar trabajando, hasta el momento sus condiciones económicas y familiares se han mantenido estables.

Previous Loan Details

Emigdio lives with his mother and siblings. He’s single. He’s a farmer and raises livestock. This business arose thanks to his parents who taught him the occupation and supported him to move the business forward. He works every day, all day in the fields. He’s asking for a loan to buy farm... More from Emigdio 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

  • $7,500
    Average annual income
  • 802
    View loans »
    El Salvador Loans Fundraising
  • $25,698,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Emigdio De Jesus to buy pigs for his farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 17, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 16, 2013