Update on Francisco AntonioFrancisco is again starting the squash and corn crops. For this he needs supplies such as fertilizer, seeds, and herbicide, which he will acquire with the loan.
He got a positive result with the previous loan, which he also used for the plantings, which increased his production. Francisco does this work with a lot of enthusiasm because he manages to support his family with the necessary food.
El obtuvo un resultado positivo con la aplicación del préstamo anterior que también fue utilizado para las siembras aumentándole la producción, este trabajo Francisco lo realiza con mucho entusiamo, pues logra mantener a su familia con la alimentacion necesaria.
Previous Loan DetailsFrancisco lives with his wife and three children, ages 33, 25, and 21. He has been growing vegetables for 12 years. These crops have helped him support his family. Now he is applying for a loan to buy supplies for planting once again, since this is how he earns income. He doesn't want to st... More from Francisco Antonio'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
- Mar 6, 2012
- Mar 30, 2012
- Currency Exchange Loss:
- Nov 18, 2012
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.