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Magdalena
Magdalena is a 38-year old woman who is married and has four children. She is a hard-working woman who fights every day to provide her family with the best. She works in agriculture, an activity that she learned from her parents. She gets up at 5am and, while her husband takes care of the cows and milks them, she get ready to go downtown to sell fruits and vegetables. In the afternoon she goes to the piece of land where she and her husband cultivate.

She is requesting a loan to Fundación Campo to buy fertilizer, seeds, weed-killer, machinery and labor to work in the land. They expect to obtain good income from the harvest to support the family. Her goal is to build a house in the future, given that their current one is made of layers.
View original language description ↓
Magdalena tiene 38 años de edad, es casada y tiene cuatro hijos. Ella es una mujer muy luchadora, que se esfuerza cada día por brindar a su familia lo mejor. Se dedica a la agricultura desde hace varios años; oficio que aprendió de sus padres. Se levanta a las 5:00 a.m. Junto a su esposo que se dedica a ordeñar las vacas y cuidarlas; mientras ella se prepara para ir a vender frutas y verduras a la ciudad y en la tarde se dirige a la parcela donde cultivan junto a su esposo.

El préstamo que esta solicitando a Fundación Campo, es para comprar el abono, la semilla, herbicidas, pago de maquinaria y mano de obra para arar la tierra en donde cultivara. Con la producción de la cosecha, obtendrá buenos ingresos para el sustento de su familia. Ella desea en un futuro construir su vivienda; ya que actualmente esta construida de lamina.

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

  • $7,500
    Average annual income
  • 655
    View loans »
    El Salvador Loans Fundraising
  • $26,134,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $325 helped Magdalena to buy fertilizer, seeds, weed-killer, machinery and labor to work in the land where she will cultivate.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 1, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014