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Andres De Jesus

Update on Andres De Jesus

Andrés 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.
View original language description ↓
Andrés, solicita un nuevo préstamo, para invertir en el negocio, comprándose ropa en distintas presentaciones y tambien comprara helados para salir a vender, esto le permitirá seguir trabajando con la ayuda de estos préstamos.
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 Details

Andrés 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 »

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
  • 795
    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 $500 helped Andres De Jesus to buy clothing and ice cream.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013
This photo was used before for a previous loan for Andres De Jesus. It was first posted on Kiva on Jun, 2012. Learn More