Isaias De Jesus
Update on Isaias De JesusIsaías is from the Las Banderas district; he’s father of two children. He’s a merchant by profession, he buys and sells paving stones. He’s grateful to Kiva and MiCrédito because he was able to buy more products and make his business gradually grow.
He’s asking for a loan once again to buy paving stones to resell from place to place hoping to increase customer demand. He figures that the loan will generate higher income to buy products an meet customer needs as well as to reach his dream of buying a pick-up truck.
Previous Loan DetailsIsaías lives in the rural area of Las Banderas, he is married and he has 2 children aged 4 and a baby aged 3 months. He has been engaged in selling quarry stones for 8 years, an activity he carries out with a small truck his father has left him. He also runs a small retail store where he sells ed... More from Isaias 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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