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Francisca Elizabeth

Update on Francisca Elizabeth

Francisca is requesting a new loan because she needs more capital to invest, so PADECOMSM is the best way for her to meet this need. At the moment she needs to buy milk, sugar, and cinnamon so that she can make her sales.


These loans have allowed Francisca to maintain her business. The availability of funding is a great help for her to make purchases whenever she runs out of supplies. Her current condition is much better since her sales have increased. She feels she is more financially solvent.

View original language description ↓
Francisca, está solicitando nuevamente un préstamo, pues necesita más capital para invertir, a parte que la institución le ha atendido D. la mejor manera; por el momento comprara leche, azúcar, canela, para realizar sus ventas, estos préstamos le han permitido a francisca mantener el negocio, ya que la disponibilidad D. dinero es mucha ayuda para que ella pueda comprar al momento que se le agotan los materiales.
Su condición actual es mucho mejor, ya que por el aumento en sus ventas, siente una mejor solvencia económica.

Previous Loan Details

Francisca lives with her husband and four children in a rented home, and all depend on her support. Francisca sells dairy products, a business that she started with the help of friends; she has gained experience and now wants to invest in her business. This is her second loan, which will allow ... More from Francisca Elizabeth'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 El Salvador

  • $7,500
    Average annual income
  • 749
    View loans »
    El Salvador Loans Fundraising
  • $25,510,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Francisca Elizabeth to buy milk, sugar, and cinnamon.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Francisca Elizabeth. It was first posted on Kiva on Sep, 2011. Learn More