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Jonathan

Update on Jonathan

Jonathan is a person striving to be a professional, useful to society and to other people. He states that he used his previous loan to make loan payments which was very helpful to him.

Now he is again requesting a loan to be able to cover university loans and continue studying.
View original language description ↓
Jonathan es una persona que se esta esforzando por poder ser un profesional útil a la sociedad y a las demás personas. Comenta que su préstamo anterior lo uso en poder pagar sus cuotas, lo que le fue de mucha ayuda.
Hoy pide nuevamente de este préstamo, para poder cubrir prestamos de su universidad y seguir estudiando.

Previous Loan Details

Jonathan is the son of a truck driver and a housewife. He has two sisters, one is a lawyer and the other is training to become a dispatcher. His goals include becoming a competent professional so that he can improve his lifestyle and that of his family.

He says that he aspires to a… More from Jonathan's previous loan »

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

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 Paraguay

  • $4,555
    Average annual income
  • 48
    View loans »
    Paraguay Loans Fundraising
  • $27,441,200
    Funds lent in using Kiva
  • 4,224.0
    Paraguay Guarani (PYG) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $750 helped Jonathan to pay for his university expenses.
55% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2014
Listed
Jul 26, 2014
Currency Exchange Loss:
Possible
This photo was used before for a previous loan for Jonathan. It was first posted on Kiva on Nov, 2013. Learn More