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Juana Francisca

Update on Juana Francisca

Juana needs to invest more in the business which is why she’s requesting a new loan; she considers that through them she’s been able to have everything she needs to make tortillas. She will buy corn, firewood and propane which are supplies that are directly needed for the business. This loan will give her once again the economic resources to strengthen inventory of the materials mentioned above.

She had a positive effect from the previous loan in that it helped her strengthen the business and with profits from sales she was able to help her family covering food costs. Her other conditions are stable and for the moment she’s having no problems.
View original language description ↓
Juana, necesita invertir más en el negocio por eso que está solicitando un nuevo crédito, porque considera que a través de ellos ha logrado tener lo necesario para la elaboración de las tortillas se comprará maíz, leña, gas propano, estos son los materiales que intervienen directamente en el negocio, este crédito le dará nuevamente el recurso económico para que ella pueda fortalecer su inventario de los materiales antes mencionados.

Con el préstamo anterior logró tener un efecto positivo, pues le ayudó a fortalecer su negocio y con las ganancias de las ventas ha logrado ayudar a su familia cubriendo los gastos de alimentación, las demás condiciones se mantiene y por el momento no ha atravesado ningún problema.

Previous Loan Details

Doña Juana, 57 years of age, is dedicated to the sale of tortillas. She lives in San Miguel with her husband and their 40 year-old son. This business was started 6 years ago on her own initiative. Her clients are friends and neighbors. Her husband supports her in everything. At this time sh... More from Juana 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

  • $7,500
    Average annual income
  • 695
    View loans »
    El Salvador Loans Fundraising
  • $26,095,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Juana Francisca to buy corn, firewood and propane.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013