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Joaquín Chicas
Joaquín is 32 years old, married, and has one child. He has been buying and selling cattle for one year. Before, he used to work in agriculture. He went into this business to show his father a better way of life. To purchase cattle, he travels by foot to different cantons and neighborhoods walking many kilometers through rural lands to find a good deal given that there is no transportation to these areas, except by animals and mules.

The loan requested to Fundación Campo [MFI] is to buy cattle for resale, since he only has $600 dollars from the sale of his horse and he needs more to expand his business. With the increased earnings, he can support his six-month old son and wife. Currently, he has a house that is not in very good condition because it is very small and serves as storage space for the inputs required to care for the cattle. He wants to build a house with the proper divisions so that his family is more comfortable.
View original language description ↓

Don Joaquín tiene 32 años de edad, es casado y tiene un hijo. Desde hace un año él se dedica al negocio de compra y venta de ganado. Antes se dedicaba a las labores agrícolas; lo que lo impulso a dedicarse al negocio de compra y venta de ganado fue para demostrarle a su padre que podía hacer algo mejor. Para comprar el ganado, él se traslada a diferentes cantones y caseríos caminando a pie varios kilómetros de terrenos rústicos en busca de realizar un buen negocio, debido a que en los lugares en donde se mueve no hay transporte solo por medio de bestias y mulas.

El préstamo que esta solicitando a Fundación Campo, es para comprar ganado y posteriormente venderlo, ya que actualmente solo dispone de $600 dólares que recibió por la venta de su caballo y necesita más para ampliar su negocio. Por que necesita obtener ganancias, para mantener a su hijo de seis meses y a su esposa. Actualmente, posee una vivienda que no esta en buenas condiciones, porque es muy pequeña y allí mismo almacena los insumos para el cuido del ganado y su deseo es construir una casa con sus respectivas divisiones para que su familia este cómoda.

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

  • $4,900
    Average annual income
  • 620
    View loans »
    El Salvador Loans Fundraising
  • $24,281,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Joaquín Chicas to buy cattle for resale, since he only has $600 dollars from the sale of his horse and he needs more to expand his business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 31, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013