Update on Yolanda FranciscaSeñora Yolanda Francisca is single, 20- years old and finished six years of primary school. She makes her living weaving and making aprons in a variety of designs. She started out as a worker when she was 14-years old, so she has six years of experience. She has her mother's support; her mother helps her in her work.
Señora Yolanda Francisca is requesting the loan to purchase fabric and thread with the intention of making her business more prosperous and having more sales. She hopes, in the future, to have her own capital and a large business so she can continue helping her family.
Solicita un préstamo que lo utilizara para la compra de telas e hilos, esto on el fin que su negocio sea mas prospera y tenga mas ventas, espera en el futuro tener su propio capital y un negocio grande, para así segur apoyando a su familia.
Previous Loan DetailsMs. Yolanda Francisca is single, 19 years of age, and completed six years of primary schooling. She dedicates herself to weaving, having embarked on this activity with other family members, and so far has accumulated three years of experience. She is applying for a loan she will use to purcha... More from Yolanda Francisca's previous loan »
About Asociación ASDIRASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.
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.
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jan 17, 2013
- Feb 12, 2013
- Currency Exchange Loss:
- Mar 25, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.