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Duvan De Jesus

Update on Duvan De Jesus

Duvan has decided to apply for another loan for growing corn and for looking after his cattle. He wants to continue working in these two areas. So as to begin the planting season he needs to buy fertiliser and, for the cattle, he will rent a machine for grinding the fodder that he feeds them.

With his previous loan, Duvan demonstrated that he increased his harvest which he used to generate more income for the family. As a result he paid costs such as his children's education. With the investment from Kiva, Duvan has improved his living conditions and he keeps the family stable.
View original language description ↓
Duvan, se ha decidido por un nuevo préstamo, para el cultivo de maíz y para el cuido del ganado, estas dos actividades él quiere continuar trabajándolas, para comenzar con la siembra agrícola de la temporada necesita comprar abono el cual lo aplicara, en la ganadería pagara el alquiler de una maquina moledora de zacate, con esto alimenta el ganado.
Con el préstamo anterior, el manifiesta que aumento su cosecha que los utilizo para generar más ingresos a la familia, pagando algunos gastos en estudio de sus hijos, con la inversión del crédito Kiva ha mejorado sus condiciones y mantiene estable al grupo familiar.

Previous Loan Details

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... 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

  • $4,900
    Average annual income
  • 568
    View loans »
    El Salvador Loans Fundraising
  • $23,939,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Duvan De Jesus to buy fertiliser and to pay for machinery to grind fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2013