Update on JesusJesús is a simple man from the countryside who was born in the municipality of Yali on the outskirts of Estelí. He is married and has seven children, three girls and four boys. Only the youngest is still at school. Jesús earns his living growing organic coffee. Thanks to help from a previous loan he has managed to produce coffee despite disease that affected the plants, and he succeeded in covering the cost of production and paying off the loan on time.
Now he is seeking another loan to buy soluble manure, plant fertilizer, insecticide, and fungicide so he can look after his coffee plantation. With the loan he will be able to increase production as the plants will be well cared for.
In the future Jesús would like to improve his house and buy agricultural supplies and equipment. His next challenge is to boost production and yield for this new cycle.
Con este crédito podrá incrementar su producción porque podrá darle buen mantenimiento a su cultivo.
Sus planes futuros son mejorar su vivienda y compra de materiales y equipos agrícolas. Su meta próxima es levantar la producción en rendimientos para este nuevo ciclo.
Previous Loan DetailsJesús, 65 years old, is originally from Ocotolillo, in the municipaltiy of Yali in the department of Jinotega. He is the father of 7 children, and works as a farmer. He plants coffee and basic grains. Due to his poverty, he didn't learn to read or write during his childhood, as he had to work ... More from 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.
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Success!! The loan was 100% repaid