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Jader Antonio

Update on Jader Antonio

Jader is from Esteli and is a merchant who sells clothing. He has put lots of effort into it and is grateful to Kiva and MiCredito because he was able to buy a variety of merchandise and supply his customers. He is asking for a loan to buy packs of used clothing in quantity so he can offer his customers a variety of products and qualities. He estimates that this loan will be helpful and he will be able to get ahead with his goals and have a home of his own.
View original language description ↓
Jader es Originario de la ciudad de Estelí. Es de oficio comerciante, se dedica a la venta de ropa, el cual ha logrado con mucho empeño. Esta agradecido con kiva y MiCredito ya que pudo comprar una variedad de mercadería y poder abastecer a su clientela. Solicita el crédito para comprar ropa usada en pacas y al por mayor, con el fin de ofrecer a sus clientes una variedad de productos y de calidad. Estima que el crédito será beneficioso ya que podrá salir adelante con sus metas y tener su casa propia.

Previous Loan Details

Jader is a 20 year old married young man from Esteli. He is a merchant who sells used clothing and started this business two years ago. With great effort was able to set up a store where his prices are favorable so he has many customers. He has his wife’s support and she helps manage the busin... More from Jader Antonio'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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,735,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Jader Antonio to stock his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014