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Cristóbal Iván
Cristóbal is new to Fundación Campo, recommended by his mother who is already a client of the institution. He is 20 years old, lives with his wife of three years, and he studied until eighth grade at the school in the community where he lives. He comes from a hardworking family that is engaged in planting corn and beans. They have also been engaged in selling iron and coal for fifteen years. Now, he is engaged in farm work, and he sells iron and coal to make curved machetes. Sometimes, he makes trips in the family car. He runs the business from his parents’ home.

He learned the iron and coal sales business from his parents. He has been working on his own for a year and he helps his parents with the farm work (planting corn, beans, and sorghum). He travels to the city twice a month to buy iron, depending on the demand in the area. He has to pay $20.00 for each trip, and it takes forty-five minutes to reach his destination. He travels with his mother and works every day of the week. On Sundays, he also takes trips in the family car to various villages in the community.

He is requesting the loan to purchase 25 quintals of iron, and he will invest the remainder in the purchase of farming inputs (to plant corn and beans). In this way, the client will increase his inventory, allowing him to obtain higher sales, and at the same time, higher income for his family. Cristóbal dreams of buying a car to make trips to the villages in the community, thereby obtaining more income. He also wishes to set up his own location where he can offer his product (iron and coal) to his customers.
View original language description ↓
Cristóbal, es un cliente nuevo de la Fundación Campo, recomendado por su madre quien ya es cliente de la institución. Tiene 20 años de edad, vive con su esposa desde hace tres años, estudio hasta 8º grado en el centro escolar de la comunidad donde reside.

Proviene de una familia muy luchadora, que se han dedicado a la siembra de los cultivos de maíz y frijoles, también al comercio de hierro y carbón desde hace 15 años.

Ahora, él se dedica al trabajo de la agricultura, a la comercialización de hierro y carbón para la elaboración de cumas, y a veces realiza viajes con el vehículo familiar, el negocio lo tiene en la casa de sus padres.

El negocio de la venta de hierro y carbón lo aprendió de sus padres, actualmente posee un año trabajando por sus propios medios, ayuda a sus padres en el trabajo de la agricultura (siembra de maíz, frijoles y sorgo). Para compra el hierro viaja dos veces al mes a la ciudad, según la demanda en la zona, tiene que pagar $20.00 por cada viaje, el cual le tarda 45 minutos para llegar al destino. Lo hace en compañía de su madre, y trabaja todos los días de la semana, y el día domingo que también realiza viajes en el vehículo de la familia, hacia diferentes caseríos de la comunidad.

El préstamo que esta solicitando, es para comprar 25 quintales de hierro, el resto lo invertirá en la compra de insumos para la agricultura (siembra de maíz y frijoles).

Así, el cliente incrementara su inventario, permitiendole obtener mayores ventas, y a la vez, mejores ingresos económicos para la familia.

Cristóbal sueña comprar un vehículo para realizar viajes a los caseríos de la comunidad, con ello obtener mas ingresos económicos, también instalar su propio local donde ofrecer el producto (hierro y carbón), a sus clientes.

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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 656
    View loans »
    El Salvador Loans Fundraising
  • $22,073,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,000 helped Cristóbal Iván to purchase 25 quintals of iron, and farming inputs to plant (corn and beans).
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
N/A
Expired:
Sep 23, 2013