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Benjamín Obed
Benjamín, 20, is single living with his mother and two siblings. He’s the oldest. His other brother attends school and works in his uncle’s bakery and his 11-year-old sister goes to school and helps his mother work in the fields. For the moment, Benjamín works delivering bread and helps his stepfather in the bakery.

Benjamín worked for three years in a local cheese factory but the factory shut down and he started to work for his uncle delivering bread; he also knows how to make it. The loan he’s asking Fundación Campo for is to repair his motorcycle and to buy a six-can oven, flour, shortening, yeast and rolling pins to start setting up his bakery. He hopes his bakery will have good results because he already has customers and he plans to use profits earned to buy a new motorcycle.
View original language description ↓
Benjamín tiene 20 años de edad, es soltero. Vive junto a su mamá y a sus dos hermanos. Él es el hijo mayor, su otro hermano estudia y trabaja en la panadería de su tío y su hermanita de 11 años estudia y ayuda su mamá en las labores del campo. Por el momento Benjamín, se encarga de repartir el pan y le ayuda a su padrastro con la panadería.

Benjamín trabajo durante tres años en una fábrica de quesos de la zona; pero la fabrica cerro y él empezó a trabajar con el tío a repartir el pan y también lo puede elaborar. El préstamo que esta solicitando a Fundación Campo, es para reparar su motocicleta, comprar un horno de seis latas, harina, manteca, levadura, cilindros para amasar; para iniciar la instalación de su panadería. Él espera que su panadería tenga buenos resultados, pues ya tiene clientes y de las ganancias que obtenga planea comprar una nueva motocicleta.

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
  • 453
    View loans »
    El Salvador Loans Fundraising
  • $23,241,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Benjamín Obed to repair his motorcycle, to buy an oven and other bakery supplies.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013