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Manuel De Jesus

Update on Manuel De Jesus

Manuel has decided to go for a new loan, because he is again growing basic grains. To do this, he need to buy supplies such as the compost, of which he will buy eight sacks. He will pay to rent the land. With this help he will be able to have what he needs to begin the process of planting.

With the last loan he succeeded in having a better production, which was able to generate income for his family. Thanks to the loan with Kiva his condition now is more solvent and his fields have increased their production capacity.
View original language description ↓
Manuel, se ha decidido por un nuevo préstamo, porque está cultivando nuevamente granos básicos, para esto necesita comprarse insumos como el abono del cual comprará ocho sacos, pagará el alquiler de terreno, con esta ayuda podrá tener lo necesario e iniciar el proceso de siembra.

Con el préstamo anterior logró tener una mejor producción y la cual pudo generar ingresos para su familia, gracias al préstamo con kiva su condición ahora es más solvente y sus cultivos han aumentado su capacidad de producción.

Previous Loan Details

Manuel lives with his family: his wife and two children. He has been growing corn since he was a young boy. He grows his corn year after year to support his family and has the help of his father. Manuel is currently requesting a loan to buy fertilizer and pest treatments. This purchase will... More from Manuel 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
  • 789
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Manuel De Jesus to buy compost and rent land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012