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Julio Fermín
Julio is 36 years old, married, and has one child. He used to work selling bread from a bicycle, for which he had to travel long distances. But because he very much wanted to get ahead, he studied his colleagues who were making the bread when he arrived to pick it up. In a short time he learned how to make it. To arrive at his work he has to get up very early because he lives far away. He walks on foot for 20 minutes from his home to the bus stop, and from there he takes the bus to the town where the bakery is located.

Julio is requesting this loan from Fundación Campo to buy a motorcycle to commute to his work along with his wife. With a motorcycle he would not have to get up so early in the morning, and he could use this time to do other activities in their home. Moreover, he would save money because the cost of the fuel the motorcycle would use is less than what he pays to ride the bus – and he would get to work more quickly. His dream is to start his own bakery to improve his income and to provide his family with better living conditions.
View original language description ↓
Julio tiene 36 años de edad, es casado y tiene un hijo. Él se dedicaba a vender pan de manera ambulante en una bicicleta; ya que tenía que recorrer grandes distancias. Pero como él tenía grandes aspiraciones y deseos de superación, cuando llegaba a traer el pan, veía sus compañeros que estaban elaborando el pan y fue así como en poco tiempo aprendió como hacerlo. Para llegar a su trabajo debe levantarse muy temprano ya que esta lejos, camina a pie veinte minutos desde su casa a la parada del autobús que lo conduce al pueblo en donde esta ubicada la panadería.

El préstamo que esta solicitando a Fundación Campo, es para comprar una motocicleta para trasladarse a su trabajo junto a su esposa y no tener que madrugar tanto y dedicar ese tiempo a efectuar otras actividades en su hogar. Además, de ahorrar dinero ya que la motocicleta consume menos combustible que lo que gasta en pasaje en el autobús y llegara más rápido. Su sueño es instalar su propia panadería para que sus ingresos mejoren y le permita brindar a su familia mejores condiciones.

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
  • 450
    View loans »
    El Salvador Loans Fundraising
  • $23,355,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Julio Fermín to buy a motorcycle to commute to work along with his wife.
51% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
May 14, 2013
Currency Exchange Loss:
N/A