Check out other loans that are currently fundraising!
Carlos Daniel
Carlos, 26, is a young entrepreneur who is married and has a son. He learned the carpentry business by working with his uncle and now he wants to do his own jobs and have his own equipment. He has been working in the business for 13 years.

He also grows corn and raises pigs to sell. He buys supplies and materials in the city which is three kilometers away and he travels there by bus.

The loan he is requesting through Fundación Campo is to buy a draining pump as he cultivates during irrigable summer time. He will also use the loan to buy work tools for his carpentry business (electric brush, lathe, etc.)

Through the investment Carlos hopes to have the capital to buy irrigation equipment for his crops and tools for his carpentry work. Both these businesses are the means of income for him and his family.

Caarlos wants to have enough resources to support his family and go back to school because he only finished high school. He wants to study to become a professional.
View original language description ↓
Carlos es un joven, emprendedor de 26 años de edad, esta casado y tiene un hijo. Aprendió el oficio de carpintería trabajando con su tío, ahora quiere hacer sus propios trabajos, por eso quiere tener sus propio equipo, aprendió a trabajar en este oficio desde hace 13 años.
También se dedica a trabajar la tierra cultivando maíz y además a la crianza de cerdos para su posterior venta. Compra sus insumos y materiales en la ciudad, que se encuentra a una distancia de 3km, y los traslada en el bus.
El préstamo que esta solicitando a Fundación Campo, es para la compra de una bomba achicadora, ya que él cultiva en verano de regadío, también utilizara parte del préstamo para comprar herramientas para trabajos de carpintería (sepillo eléctrico, torno, entre otros.)
Con la inversión pretende, disponer de capital para comprar equipo de riego para su cultivo y herramientas que necesita para sus trabajos de carpintería, estas dos actividades (agricultura y carpintería) son sus medios de sustento para él y su familia.
Él Quiere tener los recursos suficientes para mantener a su familia y retomar los estudios, ya que solo pudo estudiar hasta bachillerato. Y quiere estudiar y ser un profesional.


Additional Information

More information about this loan

This loan is part of a CrediCampo project to help rural farmers living in extreme poverty plant basic grains to feed their families. Excess product is sold on the local market. These loans are smaller than the typical loans offered by this field partner, and guarantee requirements are also reduced. Individuals who receive this type of loan also get access to technical assistance, information on good environmental practices and increased access to farm inputs like fertilizer. This is considered a high risk loan due to the population and loan purpose, and CrediCampo is one of the very few institutions in El Salvador willing to working with these farmers.

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
  • 714
    View loans »
    El Salvador Loans Fundraising
  • $26,152,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Carlos Daniel to buy a drain pump because he cultivates during irrigable summer time. He will also buy work tools for his carpentry business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2013
Listed
Aug 7, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014