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José Manuel
José is 29 years old. He is married and has three daughters who are 11, 6, and 3 years old. Their house was built from concrete blocks on land that he inherited from his father. His father is also economically dependent on him, because he can’t work as a day laborer due to the disability that he suffered from being hit by a vehicle.

José works as a bus dispatcher for 29 buses that make their routes from his community to the city; they pay him 11 dollars per day. His wife works in the city’s municipal market, preparing baked foods made from corn, cassava, potatoes, and plantains such as enchiladas and toasted cassava and plantains.

The loan that he is requesting from Fundación Campo is to purchase a car with a deep-fryer installed in order to fry plantains, cassava, and potatoes; and to purchase candy, beans, rice, sugar, candy, oil, coffee, and soft drinks in order to install a small store in his house; his father will be the one who runs it.

It will provide them with some initial working capital so that they can start their store; with this, his father will support him in generating income for the family, and they will purchase a car with a deep-fryer installed that will help his wife with her business.

Hopefully the store that they will install in their house will do well and generate sufficient income that will allow his wife to attend her business and care for their daughters in their house; he feels that they’ve been overlooking this in trying to attend to their economic activities.
View original language description ↓
José tiene 29 años de edad, es casado y tiene tres hijas, con las edades de 11, 6 y 3 años, la vivienda la construyeron de bloque en terreno que le heredó el papá, este también dependen económicamente de él, esto debido a que no puede trabajar como jornalero por la discapacidad que padece a causa de que fue atropellado por un vehículo. José, trabaja como despachador de 29 buses que hacen su recorrido desde su comunidad a la ciudad, aquí le pagan $11.00 por día. La esposa trabaja en el mercado municipal de la ciudad, elaborando alimentos a base de harinas de maíz, yuca, papas y plátanos como enchiladas, tostadas de yuca, plátanos.

El préstamo que esta solicitando a Fundación Campo, es para comprar un coche con freidor incorporado para freír tostadas de plátano, yucas, papas y compra golosinas, frijol, arroz, azúcar, aceites, café y bebidas gaseosas y refrescos para instalar una pequeña tienda en su casa y sea el papá quien la administre.

Proveer de capital de trabajo inicial para que inicien con el negocio de la tienda, con esto el papá del solicitante apoyará en la generación de ingresos a la familia y compren el coche con freidor (equipo) que le sirva a la esposa en su negocio.

Que la tienda que instale en su vivienda funcione y genere los ingresos suficientes que permitan a la esposa del cliente atenderla y a cuidar sus hijas en su casa, considera que las descuidan por atender sus actividades económicas.

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

  • $7,500
    Average annual income
  • 785
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped José Manuel to purchase a car with a deep-fryer installed in order to fry plantains, cassava, and potatoes; and to purchase candy, beans, rice, sugar, candy, oil, coffee, and soft drinks in order to install a small store in his house; his father will be the one who runs it.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2013
Listed
Mar 28, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014