Update on Gloria AzucenaGloria is the single mother of three daughters. For eight years, she has done household chores. Four months ago, she began selling men's and women's underwear. Previously, she sold perfumes, but competition was fierce. She prefers selling clothing, and business is good. Gloria has to travel 95 kilometers each week to purchase her merchandise in the capital. She must get up at 4 AM and returns at 2 PM. She can buy at better prices and has a good supplier in the capital.
She has applied to Fundación Campo for a loan to buy children's clothing, which is what her customers want, to sell. Gloria is a good administrator and has paid her first loan. With this loan, she will satisfy her need to buy garments and clothe many children at affordable prices. She believes she will have a better standard of living, as she managed her previous loan well. She thinks she will earn more and be able to give her children what they need.
Gloria is enthusiastic about the prospect of building her children's future with support from Fundación Campo. Her great wish is to educate her daughters, and she dreams of seeing her daughters taking care of themselves with the knowledge they acquire.
Doña Gloria compra su mercadería en la capital entonces tiene que viajar 95 kilómetros para llegar todas la semanas; por lo que tiene que levantarse a las cuatro de la mañana y regresando a las dos de la tarde esto porque al viajar hasta la capital le dan mejor precio y que tiene un buen proveedor.
El préstamo que esta solicitando a Fundación Campo, es para comprar ropa para comercialízala entre ellas ropa para niños ya que es la que sus clientes le solicitan. Gloria a sido una persona que sabe administrar porque ya cancelo el primer crédito.
Con el préstamo estará satisfaciendo la necesidad de comprar sus prendas de vestir y poder vestir muchos niños dando precios muy accesibles. Considera que tendrá una mejor calidad de vida ya que ha demostrado ser una buena administradora con el préstamo anterior asume que tendrá mas ingresos y le cumplirá a sus hijos lo que tanto necesitan.
Gloria, se encuentra muy entusiasmada por que considera que a empezado a construir el futuro de sus hijos con el apoyo que la fundación campo; lo que más quiere es dar les estudio a sus hijas el sueño más grande es ver a sus hijas que se defienden ellas solas con lo aprendido.
Previous Loan DetailsGloria is 36 years old and is the single mother to three children who are 19, 16 and 13 years old respectively. She has been single for six years, because her spouse travelled to the United States and since then she hasn't heard anything from him. Since then, she has had to work alone to support ... More from Gloria Azucena's previous loan »
About CrediCampoThis 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
About El Salvador
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Success!! The loan was 100% repaid
- Repayment Term
- 20 months (Additional Information)
- Repayment Schedule
- Jul 5, 2013
- Jul 15, 2013
- Currency Exchange Loss:
- Oct 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.