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Iván Antonio
Iván, 25, lives with his wife and children: two daughters, ages 8 and 3, and a son, 5. They live in their own house, where they have been for eight years. For over seven years they have been selling staple goods and for the last five years items such as bread, fruit, vegetables, and shellfish.

At 3:30 a.m. they drive their vehicle four kilometers to the city to buy merchandise. They sell four days a week, driving approximately 80 kilometers a day, making an investment of $150.00 to obtain an income of $195.00.

The store in their home sells an average $15.00 a day to neighbors. They buy goods at the municipal market on weekends (Saturday and Sunday), to sell fruit and shellfish. Iván's wife carries a basket on her head and goes from house to house selling goods.

The loan they are requesting through Fundación Campo is to pay off another loan and to invest in working capital for their business.

The goal of this loan is to increase inventory (diversifying products in the store) and to start selling clothing and shoes when they go out with their vehicle.

Their goal is to buy another vehicle and expand their selling route, and earn enough to send their children to the university.
View original language description ↓
Iván tiene 25 años de edad, vive junto a su esposa y sus hijos: dos hembras de 8 y 3 años respectivamente y un varón de 5 años, viven en casa propia la que han hecho durante los 8 años que tiene de vivir juntos.

Se dedican a la venta de productos de primera necesidad desde hace mas de 7 años y comercializa pan, frutas, vegetales y mariscos desde hace 5 años.

Ellos poseen un vehículo, con el que se desplazan 4 kilómetros, hasta la ciudad todos los días a la 3:30 a.m. a comprar la mercadería.

Venden pan 4 días a la semana, se desplazan aproximadamente 80 kilómetros cada día y hacen una inversión de $150.00 y obtiene ingresos de $195.00.
La tienda la posee en su casa y considera que realiza ventas diarias de $15.00 con los vecinos. Esta mercadería la obtiene el mercado municipal Los fines de semana (sábado, Domingo) comercializan frutas, verduras mariscos, la esposa lleva la venta en un huacal cargando en la cabeza y realizan la venta de casa en casa.

El préstamo que esta soliictando a Fundación Campo, es para cancelar una deuda con otra institución y el resto será invertido como capital de trabajo en los negocios que realiza.

La expectativa que poseen con este financiamiento es la de ampliar sus inventarios (diversificar los productos ofrecidos en la tienda) y aprovechar vender ropa y calzado cada vez que salen a vender con el vehículo.

Su propósito es, comprar otro vehículo y ampliar las rutas de ventas, tener la capacidad económica suficiente para darles el estudio a sus hijos en la universidad.

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
  • 433
    View loans »
    El Salvador Loans Fundraising
  • $22,826,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Iván Antonio to pay off another loan and to use as working capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014