Update on Juan CarlosJuan is 34 years old and single. He is a hard-working person who has been farming for 20 years. It was his father who taught him how to farm and taught him everything he needed to do in order to grow crops successfully. Juan grows corn and vegetables. He currently lives with just his mom who takes care of the housework. Juan buys his farming supplies in a city which is located 45 minutes from his house by bus. He is able to buy at a good price there.
The loan that Juan is requesting from Fundación Campo will be used to buy four animals to fatten and then sell in order to make good profits and repay his loan. His goal is to continue farming and raising animals. He will continue growing his business so that he can improve his income and make some improvements to his house.
El préstamo que esta solicitando a Fundación Campo, es para comprar 4 animales para repasto y posteriormente venderlos para obtener buenas ganancias y pagar el préstamo. Su objetivo, es continuar trabajando en la agricultura y con ganado, a fin de ir incrementando su negocio para que sus ingresos mejoren y pueda realizarle mejoras a su vivienda.
Previous Loan DetailsJuan is 33 years old, lives with his 68 year old mother, his life partner and a child. He has been working in agriculture and livestock care for 12 years together with his older brother. It was his father who taught them this work in order that they could earn an honest living. Juan has to... More from Juan Carlos's previous loan »
About CrediCampoThis 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.
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