Update on Ruth NoemiRuth, 33, is in a common-law marriage and has two children. She is responsible for the household duties, and she has also raised chickens for eight years. She has found that it brings her a good income, which allows her to help her husband with the expenses of their household and their children's education.
She buys the supplies she needs for her business in a city five kilometers away from her house. Transportation is scarce, so she either has to wait for hours until a bus comes or walk approximately two kilometers. Afterwards, she has to transport the supplies on her back on the way home.
She has applied for a loan from Fundación Campo to buy an incubator where she can keep eggs in order to rapidly increase the number of chickens, which will in turn help her to earn an income more quickly as well.
El préstamo que esta solicitando a Fundación Campo, es para comprar una incubadora y depositar ahí los huevos para aumentar el número de pollos rápidamente, obteniendo los ingresos de forma más rápida también.
Previous Loan DetailsRuth is 30 years old and is married. All her life she has been a housewife. She is a very honest and responsible person with values and principles. She has a good reputation in the community. Her family is very close-knit and strong-willed to work for what they want. The loan that she has requ... More from Ruth Noemi'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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Success!! The loan was 100% repaid