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Francisco

Update on Francisco

Francisco has lived in the remote community of Villa San Carlos, 28km from Limoncito, for twenty-two years. He has a plot of land where he lives and works farming. He's married to Isabel and she is a housewife. His eight children all work with their father farming, planting corn, watermelon, peanuts, and yucca. They also make a living raising cattle. Everything they help their dad plant and everything they plant they take to sell at the market around the area. Francisco is working to undertake this because this is the only institution that has offered him its assistance. The loan that he has requested is for buying seeds for the corn sowing season and the expenses implied in preparing the soil. The family is very united and hardworking, and they feel grateful for the help the institution has given them.
View original language description ↓
El Sr. Francisco hace 22 años que vive en una comunidad lejana del torno; en villa San Carlos a 28 km. De limoncito. Tiene su parcela, donde vive y trabaja agricultura. El es casado con la Sra. Isabel su esposa quien es ama de casa. Con 8 hijos todos trabajan con su padre en agricultura, donde siembran: maíz, sandia, maní, yuca y también se dedican a la ganadería todo lo que ellos ayudan a sembrar a su papa y todo lo que siembran lo sacan a vender al mercado el torno, el Sr. Francisco que trabajan con emprender porque es la única institución que les ha brindado su ayuda, el crédito que ha solicitado es para compra d esemillas para la siembra de maíz y los gastos que implica el preparado de la tierra, son una familia muy unida y trabajadora y se sienten agradecidos con la institución por el apoyo brindado.

Previous Loan Details

Francisco has lived in a community far from El Torno for 21 years. He lives in San Carlos, a small town that is 28 kilometers from Limoncito. He owns a parcel of land where he lives and does agricultural work. He is married to Isable, a housewife. They have eight children, and they all work... More from Francisco's previous loan »

Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

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 Bolivia

  • $5,500
    Average annual income
  • 231
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Francisco to buy seeds for the corn sowing season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 12, 2012
Listed
Aug 15, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Francisco. It was first posted on Kiva on Sep, 2011. Learn More