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Francisco
Francisco is 64 years old. He is married with 5 children. He learned to how weave hammocks ten years ago. His grandmother taught him the trade after his mother died. In addition to weaving hammocks, he is also a farmer. These jobs have enabled him to raise his children, who are engaged in the same businesses. The loan will make it possible for Francisco to buy his supplies in bulk at a lower, wholesale price. In this way, Francisco will earn a better profit. In the future, Francisco plans to engage in other activities besides making hammocks. He plans to market cattle and pigs. He would like to have his own farm, which would enable him to continue supporting his family.
View original language description ↓
Francisco tiene 64 años de edad, es casado y tiene 5 hijos.

Francisco aprendió a fabricar hamacas desde los 10 años, su abuela le enseñó el oficio despues de que la madre de Francisco falleciera. Dedicandose a la agricultura y a la fabricación de hamacas Francisco pudo criar a todos sus hijos, quienes se dedican al mismo oficio.

Francisco solicitó un préstamo a Fundación Campo para la compra de pita y zoga para la elaboración de hamacas. El préstamo le facilitará a Francisco el poder comprar sus insumos en mayores cantidades, y asi pagar un precio más bajo (precio de mayorista). De esta forma Francisco podrá tener una mejor utilidad.

En un futuro Fracisco planea tener otra actividad aparte de las hamacas. Planea comercializar ganado y cerdos. Le gustaría tener su propia granja y asi poder seguir sosteniendo a 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

  • $7,500
    Average annual income
  • 664
    View loans »
    El Salvador Loans Fundraising
  • $26,100,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Francisco to buy raw materials to weave hammocks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Oct 11, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012