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María Dolores
Maria is a 52-years- old and is married with two children. She has been a working for 26 years as a baker. A trade she learned one day when her lady friend was baking and invited her to work with her in making bread. That's how she learned slowly until one day decided to open her own bakery.

She travels by bus to the city, about seven miles from home, in order to buy all the supplies you need to make bread.

The loan is asking from Field Foundation, is to buy flour, eggs, yeast, sugar, butter, trays to place the bread, and other materials. Currently what she is working with is almost useless. With the investment, she will buy utensils used in the bakery. Additionally, she has to buy more inputs to increase production, taking advantage of the fact that she has a lot of demand for bread.

Her purpose is, first of all to repay the loan and still have the support of the institution. She also wants to improve your home, because it needs maintenance and that requires investment. Lastly and most importantly she wants her bakery to grow faster than ever, as it is her only source of income.
View original language description ↓
María es una mujer de 52 años de edad, casada con dos hijos. Cuenta con 26 años de dedicarse a la profesión de panadería. Oficio que aprendió gracias a que cierto día, una señora amiga suya y que era panadera la invito a que trabajara con ella en la elaboración de pan. Así fue como poco a poco fue aprendiendo hasta que un día decidió instalar su propia panadería.

ella viaja en autobús hasta la ciudad, aproximadamente siete kilómetros desde su casa, para comprar todos los insumos que necesita para la elaboración del pan.

El préstamo que esta solicitando a Fundación Campo, es para comprar harina, huevos, levadura, azúcar, manteca, bandejas donde colocan el pan y otros materiales; ya que con los que actualmente trabaja están casi inservibles. Con la inversión, renovara los utensilios que utiliza en la panadería, ademas que dispondrá de insumos para aumentar la producción, aprovechando que tiene bastante demanda de pan.

Sus propósitos son, primero que nada cancelar el préstamo y seguir teniendo el apoyo de la institución. También desea mejorar su casa, ya que necesita de mantenimiento y eso requiere inversión Y por supuesto desea que su panadería crezca cada día mas, ya que es su única fuente de ingreso.

Additional Information

More information about this loan

This loan is designed for rural women in El Salvador. Loan amounts are much smaller than average and the field partner is not requiring any guarantee for this type of loan. The goal is to support businesses that will enable women to work from their homes or start flexible businesses, as many of them are single mothers and are the sole caretakers for their families. Women who receive this type of loan also receive training on entrepreneurship, business management and budgeting.

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
  • 512
    View loans »
    El Salvador Loans Fundraising
  • $23,459,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped María Dolores to purchase flour, eggs, yeast, sugar, butter, trays to place the bread, and other materials, because nowadays her items are almost useless.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2013
Listed
Jul 16, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013