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Duvan De Jesus

Update on Duvan De Jesus

Duvan 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.
View original language description ↓
Duvan, se ha decidido por un nuevo préstamo porque necesita realizar la compra de insumos agrícolas para iniciar la siembra de maíz y frijol, él se comprará seis sacos de abono dentro de los cuales irán tres de sulfato y tres de fórmula, una bolsa de semillas de maíz y otros materiales para el frijol, actualmente esta por producir la siembra que realizo para invierno.

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 Details

Duvan 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 »

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
  • 761
    View loans »
    El Salvador Loans Fundraising
  • $26,201,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Duvan De Jesus to purchase 6 bags of fertilizer and corn seed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 4, 2012
Listed
Jul 31, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 29, 2013