Andres De Jesus
Update on Andres De JesusAndrés is requesting this new loan so he can invest the money into his business.
He is buying clothing in a variety of styles and will also buy ice cream to sell.
The help from these loans will allow him to continue working.
The previous loan allowed him to stock up on necessary things for his business.
His family's conditions have improved since they now live more comfortably.
Con el préstamo anterior considera que le permitió surtir el negocio teniendo lo necesario para sus ventas, sus circunstancias familiares han mejorado, ya que ahora vive en una condición mejor.
Previous Loan DetailsAndrés lives with his family, his wife and two children. He is the only member of the family who works, and he works selling sorbet and also clothing. This business arose of his own initiative, in order to be able to keep up with his home obligations. He makes his sales as a street vendor and doe... More from Andres 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
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Oct 17, 2012
- Nov 16, 2012
- Currency Exchange Loss:
- May 17, 2013
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.