Update on FranciscarFranciscar, 36, is married with three children, ages between 4 and 11 years. She describes herself as a calm and respectful woman. She operates a horticulture farm, a business she has been involved in for 4 years. Her business is located near a busy market in her home town and her primary customers are local residents. She describes her biggest business challenge as crop destruction by pests.
Franciscar will use the loan of 40,000 Kenyan Shillings to buy planting materials. Her goal is to buy another farm. She hopes that in the future she will become a successful business lady.
Previous Loan DetailsFranciscar, 36, is married with three children, aged between four and 11 years. She describes herself as a calm and respectful woman. She operates a kale farm, a business she has been involved in for three years and employing two staff members. Her business is located near a busy market in her home… More from Franciscar's previous loan »
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
- Apr 19, 2013
- May 7, 2013
- Currency Exchange Loss:
- May 17, 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.