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Jose Oscar
José has a business in metal structures. He lives with his five children, who are 10, 11, 15, 17, and 21 years old. The oldest works, while the others are still in school. His wife is deceased. His business is making doors and windows, among other things. He does this work from 7:00 a.m. until 3:00 p.m. He learned the trade out of economic necessity. He has an advantage in that he has his own shop and machinery for the work.

He will invest this loan in the purchase of iron sheets for making doors. He has four that he is in the process of making. This will allow him to obtain more materials in order to continue working and to increase his income. One possible problem he faces is the fluctuation of prices for raw materials.

His dream is to have a profitable business that helps him give his children the best in life and support their academic development.
View original language description ↓
José, tiene un negocio de estructuras metálicas. El vive con sus cinco hijos, los cuales tienen edades de 10, 11, 15, 17, 21 años, el mayor trabaja mientras que los demás estudian y su esposa falleció; el oficio que realiza es elaboración de puertas y ventanas, entre otros, este lo lleva a cabo desde hace once años de la 7:00 am hasta las 3:00 pm, lo aprendió por la misma necesidad económica, la ventaja que posee es que cuenta con lo local y maquinaria propia para trabajar.
El préstamo que requiere lo invertirá en la comprar de hierro cuadrado para la elaboración de puertas, las cuales tiene 4 en proceso de fabricar; este le permitirá obtener más materia prima para seguir trabajando y así incrementar sus ingresos, uno de los posibles problemas que se puede enfrentar es la variación de los precios de la materia prima.
Su sueño es tener un negocio rentable que le ayude a optimizar las circunstancias de vida de sus hijos y apoyarles en su formación académica.

About El Salvador

  • $7,500
    Average annual income
  • 766
    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 $1,025 helped Jose Oscar to buy iron sheets for building doors.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2013
Listed
May 18, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014