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María De La Paz
Maria is 60 years old; she is a widow and has two children. For the past 30 years she has worked looking after children. She travels for an hour in the morning and an hour in the afternoon to get to her place of work.

She is requesting this loan in order to buy electrical cables, installations permits, electrical posts and to pay labour costs in order to install electricity in her house. This way she won't have to pay her neighbour for using her electricity, who charges her a lot. The money she pays to her neighbour will be invested in buying things for her house, providing education for her children and making sure they aren't lacking anything.
View original language description ↓
La señora María tiene 60 años de edad, es viuda y tiene dos hijos. Desde hace 30 años trabaja cuidando niños. Ella se desplaza durante una hora por la mañana y una hora por la tarde para llegar a su lugar de trabajo.

El préstamo que esta solicitando es para comprar cable, derecho de instalación de la luz, postes para el alambrado y mano de obra, para instalar la luz eléctrica en su casa. De esta manera ya no tendrá que pagarle a su vecino para que le de luz, ya que manifiesta que le cobra muy caro. Ese dinero que paga a su vecino lo podrá invertir en comprar cosas para su hogar, brindarles el estudio a sus hijos y en fin que no les falte nada a sus hijos.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About El Salvador

  • $4,900
    Average annual income
  • 440
    View loans »
    El Salvador Loans Fundraising
  • $22,741,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped María De La Paz to buy electrical cables, installation permits, electrical posts and to pay labour in order to install electricity in her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012