Manuel De Jesus
Update on Manuel De JesusManuel dedicates himself to raising pigs and to agricultural production but he does not have the capital to be able to increase his production. This is why he thought it would be good to request a loan to meet his need to invest in his crops. This loan will be used to buy agricultural materials like fertilizers, insecticides, and herbicide
Manuel says that his last loan covered many necessities, especially the purchase of pigs. It has made it possible for his family to have everything they need to work, has changed their lifestyle and circumstances, and increased their income.
Expresa que el crédito anterior cubrió muchas necesidades, en especial la compra de cerdos, en su familia y poder tener todo lo necesario para trabajar y que ha cambiado su modelo de vida, las circunstancia familiares, ingresos más altos.
Previous Loan DetailsManuel raises pigs; he lives with his wife and three children. He started the business because his wife gave him the necessary support although he started acquiring experience while still living with his parents since they were also in this type of business. He’s asking for a loan at present ... More from Manuel 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.
About El Salvador
625View loans »
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Aug 10, 2012
- Sep 12, 2012
- Currency Exchange Loss:
- Oct 12, 2012
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.