Update on Luís IbanHe works in agriculture. However, 10 years ago he learned how to do building work, and now has a house thanks to the loans he received from Fundación Campo.
Luís wants to establish a broiler chicken farm. In order to do this, he needs to build a chicken coop. This is why he is requesting a loan, so that he can purchase 300 blocks, 6 bags of cement, half a load of construction timber, 24 yards of chicken wire, chickens, feed, vaccines, vitamins, roofing materials, and to pay for labour. He says that Christmas is coming and he hopes to earn a very good profit during this time. The money he earns will enable him to save and in this way improve his quality of life.
His aim is to continue working the bean fields and his chicken and hen farm. He will also continue to do building work and to provide a nixtamal milling service. He does all this with the clear intention of improving his family's quality of life, and to ensure that his son studies and becomes a good professional.
Don Luís desea instalar una granja de pollos de engorde, para cumplir este objetivo necesita construir una galera y por ese motivo esta solicitando un préstamo para comprar 300 bloques, 6 bolsas de cemento, medio flete de cuartones de madera, 24 yardas de maya ciclón, pollos, concentrado, vacunas, vitaminas, lamina para el techo y para pago de mano de obra. Él comenta que se acerca la época navideña en la cual espera obtener muy buenas ganancias, que le permitan ahorrar para mejorar su calidad de vida. Pretende continuar trabajando en las milpas frijoleras, con la granja de pollos y gallinas, trabajar como albañil, además de continuar brindando el servicio con su molino de nixtamal. Todo lo hace con el firme propósito de mejorar la calidad de vida de su familia, lograr que su hijo estudie y sea un buen profesional.
Previous Loan DetailsLuís is 32 and lives with his common-law wife and son. He works in agriculture and for the last two years has been growing vegetables, a trade he learned from his father. Luis is hard-working, honest and responsible. He supplies to the community market and has many customers who buy his toma... More from Luís Iban'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.
About El Salvador
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Success!! The loan was 100% repaid
- Repayment Term
- 26 months (Additional Information)
- Repayment Schedule
- Nov 6, 2012
- Nov 10, 2012
- Currency Exchange Loss:
- Jan 17, 2015
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.