Pablo De Jesus
Update on Pablo De JesusPablo requests a new loan that will permit him to buy shirts, pants, blouses, dresses as well as other types of clothes. This will allow him to take advantage of the end-of-year season. He hopes to earn more income so that he can meet his financial commitments. With the previous investment he was able to supply his business and to help his family get ahead. He has new customers, he has paid his debts, and all of the members of his family are healthy.
Con la inversión anterior pudo surtir su negocio y salir adelante con su familia tiene nuevos clientes ha cancelado sus deudas, todos los miembros de su familia se encuentran saludables.
Previous Loan DetailsPablo earns a living selling clothes. He lives with his wife and her mother, who both depend on him financially. Pablo is a mobile clothes vendor and works from 6 a.m. to 5 p.m. To earn extra cash, he does agricultural work sowing basic grains to provide food for his family as well as extra incom... More from Pablo De 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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About El Salvador
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Dec 10, 2013
- Dec 26, 2013
- Currency Exchange Loss:
- Aug 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.