Update on FideliaFidelia is 61 years old, and the single mother of three adult children. She is very determined, as at a young age she went to the capital to work, where she served as a nanny for more than 20 years. During that time, she managed her money very well, and built a small adobe house for her parents, who lived in a town far from where she was working.
She has always been a person who has done her very best for her family's progress in life, and thanks to all that effort, she has a store where she sells basic household necessities.
She buys merchandise in the city, and travels in private transportation. This is because a couple of years ago, she suffered a fracture in one of her feet, which makes it impossible for her to walk well. It takes 30 minutes in private transport for her to make her purchases, which she does with her daughter.
The loan she is requesting from Fundación Campo is to buy merchandise for her store, due to the fact that this is the time of year when she sells the most, and she wishes to offer more to her customers.
What she intends is to have a stable financial situation, so that she can undertake improvements to her home, and also so that her store can be better positioned in the community.
La mercadería la compra en la ciudad, viaja en transporte privado, ya que hace un par de años sufrió una fractura en uno de sus pies, que le imposibilita caminar bien. Para realizar las compras tarda treinta minutos en transporte particular y lo hace en compañía de su hija.
El préstamo que esta solicitando a Fundación Campo, es para comprar mercadería para su tienda, debido a que en esta época es donde vende más y desea ofrecer más ofertas a sus clientes. Lo que pretende es poseer una estabilidad económica para realizarle mejoras a su vivienda y también para que su negocio se posicione más en la comunidad.
Previous Loan DetailsFidelia is 61 years old. She has three children and always has been a single mother. Since the age of 15, she has worked in the capital of the country as a domestic employee for more than twenty years to provide all that is necessary to her parents. During that time, she learned how to manage her... More from Fidelia'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
- 14 months (Additional Information)
- Repayment Schedule
- Nov 27, 2012
- Dec 1, 2012
- Currency Exchange Loss:
- Aug 18, 2013
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.