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Francisca Del Carmen

Update on Francisca Del Carmen

Francisca is getting ready to collect her corn crops and she needs to pay for labor and a machine to husk corn. This will make her business more flexible and help her to reap her earnings faster so that she can keep investing in the business and paying her family's expenses. With her previous loan, she strengthened her business and had an abundant, good-quality crop. Her sales grew, as did her income. Francisca has paid her debts and she has been able to provide her family with an environment of better food, education, clothing and health.
View original language description ↓
Francisca, se dispone a recolectar la cosecha de maíz y necesita pagar la mano de obra y una maquina desgranadora, para dar agilidad a su negocio y de esa manera recibir en menor tiempo las ganancias para seguir invirtiendo en el negocio y en los gastos familiares.
Con el crédito anterior fortaleció el negocio, tuvo una cosecha abundante y de calidad, sus ventas aumentaron, y sus ingresos son mejores, ha cancelado sus cuotas y da a su familia un ambiente lleno de una mejor alimentación, educación, vestuario y salud.

Previous Loan Details

Francisca is 47 and lives in her own home with her husband and 13-year-old son. She works farming basic crops such as corn and beans to cover the household expenses. She has done this job for 10 years and she works with her husband from 6am - 12pm Monday to Saturday. She also pays a farmhand. ... More from Francisca Del Carmen'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
  • 443
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Francisca Del Carmen to pay for labor and a machine to husk her corn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 6, 2013
Listed
Dec 26, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Francisca Del Carmen. It was first posted on Kiva on May, 2013. Learn More