Check out some available loans that are similar to this one!
María Magdalena
María is 64 years old. She's a widow and has two children. She makes and sells bread and tamales, and she's been in this line of work for several years; ever since she was very young, they have always run this business for years in her family.

The loan she's requesting from Fundación Campo is to purchase flour, eggs, butter, sugar and other supplies for making bread and tamales. She intends to increase her production, because demand is very high and at the moment she can't keep up with the orders. That way she'll turn higher profits in order to afford her family's expenses and keep on bolstering her business which is a family tradition.
View original language description ↓
María tiene 64 años de edad, es viuda y tiene dos hijos. Se dedica a la elaboración y venta de pan y tamales, un trabajo que desempeña hace muchos años; desde que era muy joven, en su familia siempre han mantenido este negocio por años.

El préstamo que esta solicitando a Fundación Campo, es para comprar harina, huevos, manteca, azúcar, entre otros insumos para elaborar pan y tamales; debido a que pretende aumentar la producción, porque la demanda es bastante alta y en este momento no da abasto con los pedidos. Así recibirá mejores ingresos, para Zubiri con los gastos familiares y continuar fortaleciendo su negocio que es de tradición familiar.

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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 633
    View loans »
    El Salvador Loans Fundraising
  • $24,061,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped María Magdalena to purchase flour, eggs, butter, sugar and other supplies for making bread and tamales.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014