Check out some available loans that are similar to this one!
Oscar Arnulfo
32-year-old Oscar lives with his life partner and their three children. He has been working in agriculture and raising livestock for 10 years, and learned this trade from his father. As his family had limited financial resources, he did not have the opportunity to study and therefore started working at a very young age. To acquire the supplies he needs for his work, Oscar has to walk 10 minutes to the place where he waits for a van to pick him up, travels in the van for 45 minutes and then travels one hour by bus.

Oscar has requested this loan from the foundation in order to purchase a team of oxen. He has realized that almost none of the neighboring communities have oxen to carry out agricultural work (such as plowing soil for planting). He has seen an opportunity to earn good income, as he will charge for the work undertaken for the people in the neighboring communities.

With this loan, Oscar could generate a revenue that will allow him to send their three small children to school, as he does not want his children to have the same standard of living. Oscar wants his children to be prepared professionally. He also wants to buy some land to grow corn and beans. Through the sale of his produce he would increase his income, which he would invest in buying more cattle, and would also store some of the corn and beans to ensure there is enough food for his family.
View original language description ↓

Don Oscar tiene 32 años de edad, vive con su compañera de vida y sus 3 hijos.

Don oscar trabaja en la crianza de ganado y en la agricultura desde hace 10 años. Este trabajo lo aprendió de su papá, ya que por ser de escasos recursos económicos no tuvo la oportunidad de estudiar y ha dedicado al trabajo desde muy pequeño.

Para adquirir los insumos que él necesita, Don Oscar debe caminar durante 10 minutos a pie hasta el lugar donde espera una camioneta, y viaja en la palangana de la camioneta durante 45 minutos. Después toma un bus y viaja en el durante una hora.

Don Oscar solicita un préstamo a Fundación Campo para comprar una yunta de bueyes. El se ha dado cuenta que en las comunidades vecinas casi nadie tiene bueyes para realizar trabajos relacionados con la agricultura (como para arar la tierra para sembrar). De esta manera él ha visto una oportunidad de obtener buenos ingresos, ya que el cobrará por los trabajos que realice a personas de otras comunidades.

Con el préstamo, Don Oscar podrá tener una fuente de ingresos que le permitirá enviar a sus 3 pequeños hijos a la escuela, ya que él no quiere que sus hijos tengan su mismo nivel de vida.

Don Oscar desea que sus hijos se preparen profesionalmente. También quiere comprar un terreno para cultivar maíz y fríjol. Con la venta de estos obtendria mayores ingresos, los cuales utilizaría para comprar más ganado, y tambien almacenaría parte del maíz y fríjol para asegurar la alimentación de su familia.

Additional Information

About CrediCampo

This loan is administered by CrediCampo, a Kiva Field Partner in El Salvador. CrediCampo seeks to improve the lives of rural communities and their families in areas including health, education, basic services, and infrastructure. Through its Community Development Unit, CrediCampo provides scholarships, leadership development training, and financial education programs for families in rural areas. CrediCampo’s work is crucial in addressing the issue of poverty in El Salvador. Based on 2009 estimates, 37.8% of the population lives below the poverty line. To learn more about CrediCampo and their work, visit their partner page.

About El Salvador

  • $4,900
    Average annual income
  • 657
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Oscar Arnulfo to purchase a team of oxen.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 20, 2011
Listed
Sep 25, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 26, 2012