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Francisco Antonio

Update on Francisco Antonio

Francisco has decided to apply for another loan to buy household items to resell to his customers: pots, lamps, stoves, and shoes. These are some of the products he will buy with the loan. His previous loan helped increase sales and income, but he thinks he should keep investing so that his business keeps growing.
View original language description ↓
Francisco, se ha decidido por un nuevo préstamo con la intensión de invertir en la compra de artículos para el hogar, que son los que sale a vender a los clientes: cacerolas, lámparas, cocinas, zapatos, estos son parte de los productos que vende y que a través de este crédito va a adquirir.
Con el préstamo anterior considera que ha mejorado sus ventas, sus ingresos tambien son mejor, pero cree que debe seguir invirtiendo para estar en mejora continua.

Previous Loan Details

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 neces... 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
  • 469
    View loans »
    El Salvador Loans Fundraising
  • $23,276,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Francisco Antonio to buy pots, lamps, stoves, and shoes.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2013