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Eliu De Jesus

Update on Eliu De Jesus

Eliu 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.
View original language description ↓
Don Eliu de Jesús es originario de la ciudad de León. Es de oficio comerciante, se dedica a la venta de comida rápida. Se siente agradecido con KIVA y MiCrédito ya que ha logrado establecer su propio negocio el cual le ha ayudado a obtener mejores ingresos. Solicita el crédito para comprar: Pan, Lechuga, Carne, Tomate, Salsa de tomate entre otros productos para la elaboración de las Hamburguesas. Estima que el crédito le será de mucha ayuda ya que podrá ampliar su negocio, cumplir con las demandas de sus clientes, y así tener mejores ganancias.

Previous Loan Details

Eliu 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 »

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 Nicaragua

  • $3,636
    Average annual income
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Eliu De Jesus to buy bread, lettuce, meat, tomatoes, tomato sauce, among other items to make hamburgers.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 10, 2014
Listed
Jan 23, 2014
Currency Exchange Loss:
N/A
Ended:
May 18, 2014