Antonio De Jesus
Update on Antonio De JesusWith his previous loan, Antonio bought different styles of clothing which are satisfying the tastes of his customers. He also acquired agricultural inputs to cultivate corn and had an abundant harvest as a result. He has optimized his family situation and cancelled his debt. On this occasion, he is requesting more capital to invest in his business. He will buy fertilizers, seeds, pesticides, insecticides and new styles of clothing in order to strengthen his business, and he will continue working.
En esta ocasión está solicitando más capital para invertirlo en su negocio, comprara abono, semilla, plaguicidas, fertilizantes, insecticidas y nuevos estilos de prendas de vestir, de esta forma fortalecer su negocio y seguirá trabajando.
Previous Loan DetailsAntonio needs to make a new investment, as he continues to carry on some agricultural activities, and will also invest in his clothing sales business. He will buy fertilizer and herbicides, as well as blouses and pants in order to build up the business and increase the variety of clothing article... More from Antonio 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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This loan has been fully funded!