Update on ÁlvaroÁlvaro, 48, has a partner and 5 children. He’s been a farmer, land and livestock, since he was little, cultivating the soil alongside his father. With much effort, they sent him to school to study a degree in agriculture. With the passing of time, he gained experience in the area of veterinary. Previously, he was in a common-law relationship and had 4 children. Álvaro continues to work in agriculture, livestock and as a veterinarian.
The loan he is requesting from Fundación Campo is to buy 3 bovines to fatten up and sell. That way he’ll have another source of income when he sells the animals at a better price. His purpose is to learn more about veterinary because it is an area that presents more opportunities and more income.
El préstamo que esta solicitando a Fundación Campo, es para comprar tres bovinos para repasto. De esta manera, podrá poseer otra fuente de ingresos cuando venda los animales a un mejor precio. Su propósito es, aprender más sobre la veterinaria, debido a que esta actividad le presenta mayores ingresos y más oportunidades.
Previous Loan DetailsÁlvaro is 47 years old and lives with his companion and five children. He has dedicated himself to basic veterinary services (practice) for 8 years since his parents, with much effort, sent him to study for a bachelor’s. He only completed a year and a half, as he did not have the financial… More from Álvaro'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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