Duvan De Jesus
Update on Duvan De JesusDuvan has decided to take another loan because he needs to purchase agricultural supplies in order to start planting corn and beans. He will buy six bags of fertilizer, three of sulfate and three of formula, one bag of corn seed, and other materials for the beans. Currently he is about to harvest the planting that he did in winter.
This purchase will allow him to have what he needs in order to be able to improve his crop production. With the previous loan he succeeded in improving his harvests, which has improved his family's living conditions. He is very thankful to the Kiva project.
Esta compra le permitirá a él, contar con lo necesario para poder mejorar la producción del cultivo, con el préstamo anterior logró mejorar sus cosechas, lo que ha logrado mejorar su condición de vida familiar, está muy agradecido con el proyecto kiva.
Previous Loan DetailsDuvan lives with his wife and four children. He is a farmer and a rancher. His father taught him this trade and now Duvan is able to support his family with the revenue he generates from farming and raising livestock.
He just finished planting corn, so he is requesting a loan to cover the… More from Duvan De Jesus's previous loan »
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.
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Success!! The loan was 100% repaid