Emigdio De Jesus
Update on Emigdio De JesusEmigdio has decided to request a new loan, in order to invest in his business and continue strengthening it. He will acquire four pigs for his farm so that he can fatten them up. This will be a great contribution toward the continuation of his business.
He considers that the loans have helped him maintain his farm and offer pigs to his customers. This has provided him with profits and allowed him to improve his family's circumstances, so that they are living better than before.
El considera que los préstamos le han ayudado para mantener la granja y ofrecer a los clientes los cerdos, esto le ha dado ganancia, mejorando sus circunstancias familiares, viviendo mejor que antes.
Previous Loan DetailsEmigdio is seeking a new loan. His business has received positive attention, and these loans have helped him to improve his business. With this loan he plans to purchase pigs for his farm, which he will fatten so that he can resell them. His business strategy is to buy small pigs and fatten th... More from Emigdio 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.
About El Salvador
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jan 9, 2013
- Feb 5, 2013
- Currency Exchange Loss:
- Oct 17, 2013
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.