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José Fredys
José is 40 years old and lives with his wife and his three children who are 8, 5 and 3 years old each. He and his wife have been running their own store for two years since he’s been an evangelical pastor. He used to work in farming. The products are delivered to him at home. José is asking Fundación Campo for a loan to buy: 15 tanks of propane gas per week, beans, rice by the quintal, soap by the case and also milk.

With the loan he will buy products that he does not have in stock and will buy more of those he does have. At the same time he will be able to buy at a better price since he used to have to limit himself. Concurrently, he will offer a better variety of products to his customers so will sell more and obtain better income.

José hopes to have a larger store because there are more than 800 inhabitants in his community and they have to travel up to 12 kilometers to buy whatever they don’t find in his store so he sees quite a large market available in his community and this is why he requests the loan to stock up on everything needed.
View original language description ↓
El señor José tiene 40 años de edad, vive con su esposa y sus tres hijos de 8, 5 y 3 años cada uno.

Él junto con su esposa tienen dos años de administrar su propia tienda, desde que es pastor evangélico, antes don José se dedicaba a realizar trabajos agrícolas. Los productos se los llegan a dejar hasta su casa. Por lo que don José solicita el préstamo a Fundación Campo, para comprar: 15 chimbos de gas propano a la semana, fríjol, arroz por quintales y jabón por cajas y también leche.

Con el préstamo él comprara productos que no tiene disponibles y comprara más de los que ya tiene, al mismo tiempo los podrá comprar a mejor precio ya que antes tenia esa limitante, a la vez les ofrecerá mayor variedad de productos a sus clientes, por lo que venderá más y obtendrá mejores ingresos. Don José espera tener una tienda más grande, ya que en su comunidad habitan más de 800 personas, y tienen que viajar hasta 12 kilómetros para comprar lo que no encuentran en su tienda. Por lo que él, ha visto un mercado bastante amplio en su comunidad y es por lo que solicita el préstamo para abastecer de todo lo necesario.

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
  • 697
    View loans »
    El Salvador Loans Fundraising
  • $25,086,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped José Fredys to buy 15 tanks of propane per week, beans and rice by the quintal, soap by the case and milk.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2011
Listed
Jan 2, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013