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Pedro

Update on Pedro

Pedro is 37 years old. He lives with his wife and his four children ranging from age 10 to 18. He's a very hardworking person who has been working in agriculture for 20 years, growing corn, vegetables and plantains. He has learned this line of work from his father ever since he was very young. He buys the products and supplies in the city, where he acquires them at better prices. It takes him 40 minutes to get there on his car, and sometimes he makes use of this by taking his plantains to be sold at the market and purchasing the supplies on the same trip.
The loan he's requesting from Fundación Campo is to purchase fertilizer and compost for a plantain crop of 10,500 square meters, which he has been able to sow thanks to the loans that Fundación has provided him with. With this investment he'll be able to obtain a good harvest, which will allow him to develop and expand his crop, so as to increase his family's income. His wish is to work with a larger quantity of cattle, improve the yard where he keeps the cattle and help his children in their studies.
View original language description ↓
Don Pedro tiene 37 años de edad, vive con su esposa y sus cuatro hijos que están entre las edades de 18 a 10 años. Es una persona muy trabajadora, desde hace 20 años se dedica a la agricultura a sembrar maíz, hortalizas y plátano. Este trabajo lo aprendió de su padre, desde muy pequeñito. Los productos e insumos los compra en la ciudad, en donde los adquiere a un mejor precio, se tarda cuarenta minutos en trasladarse en su carro, hay ocasiones que aprovecha cuando lleva a vender los plátanos al mercado y en el mismo viaje compra los insumos.

El préstamo que esta solicitando a Fundación Campo, es para comprar fertilizantes y abono para 10,500 metros cuadrados de cultivo de plátano. Que ha podido cultivar gracias a los créditos que la Fundación le ha proporcionado. Con la inversión, podrá obtener una buena cosecha, permitiéndole que se desarrolle y crezca su cultivo; para que los ingresos económicos sean mejores para su familia. Su deseo, es trabajar con más cantidad de ganado, mejorar el corral donde lo tiene y ayudar a sus hijos con el estudio.

Previous Loan Details

Pedro is 37 years old, and lives with his life partner and four children between the ages of 18 and 10. He is a hard-working person who has worked in agriculture for 10 years. His parents taught him how to perform this activity, and thanks to them, today he is successful at growing corn, squash... More from Pedro's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About El Salvador

  • $7,500
    Average annual income
  • 746
    View loans »
    El Salvador Loans Fundraising
  • $26,264,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,600 helped Pedro to purchase fertilizer and compost for a plantain crop of 10,500 square meters.
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 14, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
N/A
Expired:
Nov 7, 2012