Eliu De Jesus
Update on Eliu De JesusEliu de Jesús is originally from the city of León. He is a business owner working in fast food sales. He feels grateful for Kiva and MiCrédito since he has already managed to establish his own business that has helped him earn more income. He requests this loan to buy: bread, lettuce, meat, tomatoes, tomato sauce, among other products for making hamburgers. Eliu thinks this loan will be very helpful, since he will be able to grow his business, meet the needs of his customers, and that way have better earnings.
Previous Loan DetailsEliu is a humble, 36-year-old man from Sauce, León Municipality. He’s married and father of two children who are 1 and 11 years old respectively. Only one of them is currently in school, the other one isn’t old enough for school yet. He’s a merchant in the grocery store business. He started o... More from Eliu 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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Success!! The loan was 100% repaid