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Manuel De Jesus

Update on Manuel De Jesus

Manuel is requesting a new loan because he needs to invest more in his basic crops. This loan will help him to buy fertilizer, insecticides, pest-control substances, pesticides, as well as to pay the men who work for him during planting season.

The previous loan helped Manuel to increase his production and he was able to invest his earnings in his household expenses. His family's financial situation has improved greatly thanks to the previous Kiva loan.
View original language description ↓
Manuel, solicita un nuevo préstamo por la necesidad de invertir más en el cultivo de granos básicos; este le permitirá comprar abono, insecticidas, plaguicidas, pesticidas y pago de mano de obra para llevar a cabo el cultivo.
El crédito anterior le ayudo a aumentar la producción y las utilidades las invierte en los gastos del hogar y familiares; las condiciones económicas han mejorado y asimismo las circunstancias familiares se han optimizado gracias al crédito otorgado de Kiva.

Previous Loan Details

Manuel lives in his own house. He is a farmer and depends on this work to have what he needs in his home. He has five children who are now able to work and who help him farm every day. He learned how to farm from his father when he was about 10 years old and this has enabled him to have, since he... 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

  • $4,900
    Average annual income
  • 692
    View loans »
    El Salvador Loans Fundraising
  • $24,290,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $575 helped Manuel De Jesus to buy fertilizer, insecticides, pest-control substances, pesticides, and to pay laborers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 19, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Manuel De Jesus. It was first posted on Kiva on Sep, 2012. Learn More