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Magdaleno
Magdaleno, 47, has a common-law spouse and two children; a six-year-old boy who is in first year of primary school and a two-year-old girl. He farms 14,000 square meters of corn and works as a bricklayer's assistant.

The loan he is requesting from Fundacion Campo (Foundation Field), is to repair the floor in his house since it is of earth and buy tiles to put them on the roof of the house, as it is of laminate and it gets really hot. The remainder he will use to buy fertilizer.

The investment will avoid health problems his children may have when playing in the earth since they are small and can live much better in the house. And with the harvest he can obtain part of the family's diet.

His wish is for his children to study at university.
View original language description ↓
Magdaleno tiene 47 años de edad, esta acompañado y tiene dos hijos; un niño de 6 años que asiste el primer año en la escuela y una niña de dos años de edad. Él cultiva 14,000 metros cuadrados de maíz y trabaja como ayudante de un albañil.

El préstamo que esta solicitando a Fundacion Campo, es para reparar el piso de su casa ya que es de tierra y compara teja para ponerle al techo de la casa; pues es de lámina y hace mucho calor y lo que sobre lo utilizara para comprar fertilizantes. Con la inversión evitara que sus hijos presenten problemas de salud al jugar en la tierra ya que están pequeños y que puedan vivir mucho mejor en su casa y con la cosecha poder obtener parte de la dieta de la familia. Su deseo es que sus hijos estudien 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About El Salvador

  • $4,900
    Average annual income
  • 451
    View loans »
    El Salvador Loans Fundraising
  • $23,263,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Magdaleno to repair the floor in his house since it is of earth and buy tiles to put them on the roof of the house, as it is of laminate and it gets really hot. The remainder he will use to buy fertilizer.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 17, 2013
Listed
Apr 20, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014