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Francisco Cesar

Update on Francisco Cesar

Francisco is requesting a new loan to invest in his business because he wants to purchase the parts necessary to repair a freezer which he uses to store his products. This loan will help to maintain the proper temperature of his freezer, which ensures that his products are kept in good condition.

He states that the previous loan increased his profits, which have created a better economic situation for himself and his family.
View original language description ↓
Francisco, solicita un nuevo préstamo para invertirlo en el negocio ya que quiere comprarse los repuestos necesarios para reparar un freezer, el cual utiliza para almacenar el producto, este préstamo ayudará a mantener las condiciones de sus herramientas, que son el apoyo para que sus productos se mantenga en buen estado.
En manifiesta que con el préstamo anterior aumentó sus ganancias las cuales le ha generado una mejor condición económica para él y para su familia.

Previous Loan Details

Francisco is married and lives with his wife and three children. He sells wholesale sherbet and has a vehicle for distributing his product in different towns. He doesn't have an established schedule for his sales. Francisco is requesting the loan to purchase merchandise, such as sherbet and po... More from Francisco Cesar'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
  • 785
    View loans »
    El Salvador Loans Fundraising
  • $26,231,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $700 helped Francisco Cesar to repair a freezer.
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 11, 2012
Jun 9, 2012
Currency Exchange Loss:
Jul 9, 2012
This photo was used before for a previous loan for Francisco Cesar. It was first posted on Kiva on Nov, 2011. Learn More