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Francisco Orlando
Francisco is 28 years old; he is married and he has three children who are 12, 8, and 5 years old, respectively. He has been lending his services at his two-chute mill for over ten years now. It is located in a small village about 50m from the main road that leads to a city. He renders his services to the people who live in that community and neighboring communities from 4:00 a.m. to 4:00 p.m. His wife manages that business, as Francisco also offers transportation services by making trips to a city in the west of the country three times a week to buy fruits and vegetables with the women who sell them. He plans his trips to the city when people request them two days in advance.

The loan Fundación Campo is requesting is to cover the cost to buy a vehicle because the one he has runs on gasoline and it uses a lot of fuel when he makes his trips. He wants to buy a different one and he has already negotiated for a diesel one that is more economical. They are selling it to him for $3,500 and he needs $1,000 to make the full payment.

After buying a diesel vehicle, his income will be greater because gas will be cheaper and it is a more efficient vehicle. This will allow them to save for future investments. His wish is to be able to buy land to build a home because their current home is rented.
View original language description ↓
Francisco tiene 28 años de edad, es casado y tiene tres hijos de 12, 8 y 5 años respectivamente. Él tiene más de 10 años de dedicarse ha prestar servicios en su molino de dos tolvas que se encuentra ubicado en caserío a unos 50 metros de la calle principal, que conduce a una cuidad. Este servicio lo presta a las personas que viven en la comunidad y las comunidades vecinas en horarios de 4.00 a.m. a 4:00 p.m. el negocio es administrado por su esposa, debido a que Francisco se dedica ha prestar servicio de trasporte realizando viajes a una ciudad del oriente del país 3 veces por semana a comprar frutas y verduras con las señoras que venden. Programa los viajes a la cuidad, cuando las persona se lo solicitan con dos días de anticipación.

El préstamo que esta solicitando a Fundación Campo es para complementar el dinero para la compra de un vehículo, por que el que tiene es de gasolina y le consume mucho combustible cuando realiza los viajes. Él quiere comprar otro y ya lo tiene negociado es de diesel y es mas económico se lo venden en $3,500.00 y le faltan $1,000.00 para el complementó.

Al comprar el vehiculó con sistema diesel los ingresos serán mayores, por la razón, que es menos el valor de compra del combustible y es mas económico de esta manera podrán hacer un ahorro para futuras inversiones. Su deseo es poder comprar un terreno para la construcción de una vivienda por que donde están viviendo actualmente es alquilada.

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
  • 741
    View loans »
    El Salvador Loans Fundraising
  • $26,296,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Francisco Orlando to cover the cost of buying a new vehicle.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 15, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013