Update on Juan FranciscoJuan is 72 years old. He has a common-law partner and two children. He began his working life at age 12 because his family is very large and he has 7 siblings, so he had to work very hard to help them. At age 17 he met his partner and had two children; one of them was able to finish his studies.
The loan he is applying for from Fundación Campo is to buy farming supplies and to prepare the ground to sow 14,000 square metres of corn. He hopes to get a good harvest so his income improves and to diversify his crops; he is thinking about growing jícama (edible tuber similar to but larger than an onion.)
El préstamo que esta solicitando a Fundación Campo, es para comprar insumos agrícolas y preparar la tierra para sembrar 14,000 metros cuadrados de maíz. Espera obtener una buena cosecha para que sus ingresos mejoren y diversificar sus cultivos; ya que piensa cultivar jicama.
Previous Loan DetailsJuan is 72 years old, he lives with his life partner and two children. He has worked in agriculture since he was 12 years old. He comes from a very large family of 7 siblings, so he has worked since he was very small. At age 17, he met his partner and had two children. It was with a lot of effort… More from Juan Francisco'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
- At end of term
- Mar 20, 2013
- Mar 25, 2013
- Currency Exchange Loss:
- Jan 17, 2014
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.