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Francisco Antonio

Update on Francisco Antonio

Francisco is requesting a loan for the purchase of merchandise so he can continue selling in the areas where he has customers. He will buy fans, cabinets, and irons. This purchase will help him to be able to support himself with various items so that his customers will buy them, as they are necessary household articles.

He says that with the previous loan, he improved his income, since his sales remained stable. He had the necessary merchandise, and so he has been working consistently.
View original language description ↓
Francisco, esta solicitando un préstamo para la compra de mercadería, para continuar vendiendo en las zonas donde tiene clientes, él se comprara ventiladores, gaveteros, planchas, esta compra le ayudara para mantenerse con varios artículos, para que sus clientes le compren porque son muy necesarios en el hogar.

Manifiesta que con el préstamo anterior mejoro sus ganancias, ya que sus ventas se mantuvieron estables, tenia la mercadería necesaria y asi ha estado trabajando constantemente.

Previous Loan Details

Francisco sells household goods. He lives with his wife and young son who is still a financial dependent. Francisco started his business two years ago since he enjoys the retail trade, especially the sale of household goods. He is requesting a loan so that he can invest in the acquisition of n... More from Francisco Antonio'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
  • 593
    View loans »
    El Salvador Loans Fundraising
  • $23,939,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Francisco Antonio to purchase fans, cabinets, and irons.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Francisco Antonio. It was first posted on Kiva on Jun, 2012. Learn More