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María Margarita
María, 53, has a ninth grade education. Her common-law husband is a farmer and they have two children who attend school. Their third child works.

She has been running a store for 20 years and learned the trade all by herself. The main reason for opening the store was the need for a place to buy basic goods. So, she opened one near the school. One of her sons helps her attend to customers after school.

The loan she is requesting through Fundación Campo is to buy chicken, sausage, sweets (which are popular among the students), rice, and beans, which are in demand.

One of her dreams is to expand her store and keep it well stocked to meet all of her customers' needs. That way she can keep them happy. She will use the profits to help prepare her son for a university education.
View original language description ↓
María cuenta con 53 años de edad, estudio hasta noveno grado, su compañero de vida se dedica a la agricultura, tiene dos hijos uno de ellos estudia, el otro trabaja.

Ella posee una tienda desde hace 20 años, el negocio lo aprendió sola; más que todo por la necesidad que existía en la zona de tener un lugar en donde ir a comprar productos de la canasta básica. Entonces, ella la instalo cerca de una escuela, el hijo que está estudiando le ayuda atender los clientas cuando sale de la escuela.

El préstamo que esta solicitando a Fundación Campo, es para comprar pollo, chorizo también golosinas ya que en la zona se venden mucho con los estudiantes, arroz y frijoles productos que los cliente les busca.

Uno de sus sueños es ampliar la tienda y tenerla bien surtida y satisfacer las necesidades de los clientes que le visitan y así se vayan complacidos con los productos que vende. Manifiesta que con las ganancias obtenidas podrá sacar adelante a su hijo que se prepare en una carrera universitaria.

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
  • 685
    View loans »
    El Salvador Loans Fundraising
  • $25,123,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped María Margarita to buy chicken, sausage, sweets, rice and beans.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2013
Listed
Sep 12, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014