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Mario De Jesus

Update on Mario De Jesus

Mario tells us that the experience he lived with his first Kiva loan was positive both for his business and for his family. Because of this he’s asking for this second loan to buy basic grains to sell because this business generates income quickly and helps him improve his profits in addition to offering better, higher quality products. His goal is to establish himself as a great merchant, to make his business grow and move his family forward and to prepare his children so that they will be successful professionals since he never had the opportunity to go to school.
View original language description ↓
Don Mario, nos manifiesta que la experiencia vivida con el primer prestamo Kiva fue positivatanto en su negocio como en lo familiar, es por ello que solicita este segundo prestamo para compra granos basicos y venderlo pues este negocio genera ingresos mas rapido y le ayuda a mejorar sus ganacias, ademas de ofrecer mejores productos con mas calidad. Su meta es lograr establecerse como un gra comerciante, hacer crecer sus negocios y sacar adelante a su familia, preparar a sus si mayor anhelo es que sean profesionales de exitos ya que el no puso estudiar.

Previous Loan Details

Mario is 52 years old and a native of Concordia, Jinotega. He is married with three children. He has made a living for the past 10 years with his mill business and as a merchant. He was in his second year of high school but had to go get a job and couldn't continue his education since his parents... More from Mario 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

  • $4,800
    Average annual income
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mario De Jesus to buy basic grains.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Sep 20, 2011
Sep 26, 2011
Currency Exchange Loss:
Jan 15, 2012