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Ana Francisca

Update on Ana Francisca

Ana is asking for a new loan to buy merchandise for the business; she will buy assorted clothes for children and adults, outfits, blouses, skirts and shirts, that she hopes to use to continue working with enthusiasm in order to grow in the marketplace.

She states that she had a positive effect from the previous loan because her customers found what they needed in her business, demand increased and she’s been able to stay competitive. She did, however, have family difficulties during this time that resulted in her separating from her husband.
View original language description ↓
Ana, solicita un nuevo préstamo para la compra de mercadería para el negocio, comprándose ropa variada para niños y para adultos, trajes, blusas, faldas, camisas, con lo que espera seguir trabajando con entusiasmo y poder crecer en el mercado.
Ella manifiesta que con el préstamo anterior tuvo un efecto positivo, pues su clientela encontró en su negocio lo necesario, su demanda aumento y ha logrado mantenerse competente, solamente que en este tiempo tuvo dificultades familiares, ocasionándole la separacion con su esposo.

Previous Loan Details

Ana is a clothes merchant. She lives with her husband and four children. She’s been a street vendor for the last 7 months. Normally, she stocks men’s, women’s and children’s clothes. She goes out to the hamlets to sell the merchandise. She is asking for a loan to buy jeans, blouses and und... More from Ana Francisca'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

  • $4,900
    Average annual income
  • 445
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Ana Francisca to buy clothes.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2012
Listed
May 18, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Ana Francisca. It was first posted on Kiva on Jul, 2011. Learn More