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María Delmy

Update on María Delmy

Delmy is a 43 year old woman. Due to the poverty in which she grew up, she didn't have the opportunity to receive an education. She says that her parents died when she was 8 years old, and she came into the care of an aunt. Since her aunt was poor and they only had enough money for food, she didn't go to school.

For several years now, Delmy has earned a living by selling shrimp, fish, chocolate bars,bananas and other items. Her need for money and the desire to improve her family's situation led to her starting the business. She purchases her products about 4 kilometers from her home. She takes a pick up truck to the place where she buys shrimp, and then back home to prepare the shrimp to sell in the canton. When her children aren't studying, they help her with the preparation of the shrimp.

The loan will be used to install electricity in her home since the lines pass almost directly overhead but she has no way of bringing it into her home. Any money that is left over will be invested in her business. She will be happy to have power in her house, and will be able to buy a fridge to store her products without them spoiling.

Delmy's dream is to buy land so that she can leave each of her children a space where they can build their own houses, since there is no space where they currently live. She also hopes to see her children graduate from university.
View original language description ↓
Delmy es una mujer de 43 años de edad, debido a las situaciones de pobreza que paso, no tuvo la oportunidad de estudiar. Comenta, que sus padres murieron, cuando ella tenia 8 años y fue una tía quien quedo a cargo de ella; por esa razón, no fue a la escuela ya que su tía era pobre y solo tenían para la comida.

Ella se dedica al comercio de camarón, pescado, tablilla, plátano y mas, desde hace unos varios años, fue la necesidad que la llevo a dedicarse al negocio y el deseo de sacar a su familia a delante, su producto lo compra a unos 4 kilómetros de su hogar, para ir donde le venden el camarón, toma un pick up y luego de regreso a casa donde lo prepara para salir a venderlo en el cantón. Sus hijos cuando no estudian le ayudan en la preparación del camarón.
El crédito, será utilizado una parte para instalar la energía eléctrica a su vivienda, ya que las líneas pasan casi sobre su casa, y no tiene como bajarla por eso esta solicitado el préstamo y lo que le sobre lo destinara siempre para su negocio, y será satisfecha la necesidad, de tener luz en su casa y así poder comprar una refrigeradora para guardar su producto y que no se le arruine.
Su sueño, es comprar un terreno, para dejarle a cada hijo un espacio donde pueda construir su propia casa, ya que donde hoy viven no hay espacio. Además, sueña con ver a sus hijos graduarse en la universidad.

Previous Loan Details

Maria is 42, married and has two children. She is a housewife and also works selling seafood. Before selling seafood, Maria washed and ironed clothes for other people who paid for her services. Thanks to a friend that worked in this activity, she learned and now has been selling seafood for fo... More from María Delmy's previous loan »

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.

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

  • $4,900
    Average annual income
  • 562
    View loans »
    El Salvador Loans Fundraising
  • $23,984,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped María Delmy to install electricity in her home, since the lines pass almost directly over her house. Any leftover money will be invested in her business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014