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Franciscar

Update on Franciscar

Franciscar, 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 Details

Franciscar, 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 ho... More from Franciscar'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 Kenya

  • $1,800
    Average annual income
  • 1212
    View loans »
    Kenya Loans Fundraising
  • $40,516,775
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Franciscar to buy planting materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
May 7, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Franciscar. It was first posted on Kiva on Aug, 2012. Learn More