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Elsi Noemi
Elsi is 34 years old. She is married, with two children. One is 15 years old and the other is 12 years old. For the last six years she has been making and selling fresh bread including French bread. She learned this activity from her husband who is a baker. The bread that she makes she sells at home and her husband sells it from a bicycle in the neighborhood where they live and in the surrounding areas.

Elsi buys the supplies to make the bread from distributors, who carry the supplies to her home since they lack the necessary resources to transport them. When they run out of supplies she calls and places her order by credit, and then she pays for it at the end of the week.

Elsi is asking for a loan from Fundación Campo, in order to buy 50 cartons of eggs, 25 quintals of flour, 25 quintals of sugar, 30 pounds of butter, 20 pounds of salt, a cartload of wood, and to make improvements to the stove which is damaged.

With the investment she can make different types of bread, she will be able to sell more and her income will increase and in this way she can satisfy the neighborhood demand.

Her dream is to buy an industrial electric stove to bake more bread, because in the winter she can only bake once a day because of the rain. On the other hand, upon buying an industrial stove she could bake two times a day since the stove would be inside the house. Also she wants to construct a room because her two teenage children need their own space.
View original language description ↓
La señora Elsi tiene 34 años de edad, es casada, tiene dos hijos, uno de 15 años de edad y el otro de 12. Desde hace seis años que se dedica a la elaboración y venta de pan dulce y pan francés, esta actividad la aprendió de su esposo ya que es panadero. El pan que elabora lo vende en su casa y su esposo sale a vender en una bicicleta en la colonia donde ellos viven y lugares aledaños a la zona.

Elsi compra los insumos para la elaboración del pan a los distribuidores, que se encargan de llevar los insumos hasta su casa, ya que ellos no cuentan con los recursos necesarios para el traslado de los mismos. Cuando se les terminan los insumos solo llaman para realizar el pedido al crédito y al final de la semana lo cancelan.

La señora Elsi solicita el préstamo a Fundación Campo, para comprar 50 cartones de huevos, 25 quintales de harina de pan, 25 quintales de azúcar, 30 libras de manteca, 20 libras de sal, una carretada de leña y para mejorar el horno ya que esta dañado.

Con la inversión podrá elaborar pan de diferentes clases, venderá más y sus ingresos aumentaran de esta manera podrá satisfacer la demanda existente en la zona. Ella desea comprar un horno industrial que funcione con energía eléctrica para hornear más pan, debido a que en invierno solo puede hornear una vez al día por la lluvia en cambio al comprar el horno industrial podrá hornear dos veces al día puesto que el horno estará dentro de la casa. También quiere construir una habitación ya que tiene dos hijos adolescentes que necesitan su propio espacio.

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
  • 689
    View loans »
    El Salvador Loans Fundraising
  • $25,077,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Elsi Noemi to buy 50 cartons of eggs, 25 quintals of flour, 25 quintals of sugar, 30 pounds of butter, 20 pounds of salt, a cartload of wood and she will make improvements to the stove that is damaged.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2012
Listed
Apr 8, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013