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Hugo Alexander
Hugo, 20, is a young worker who only completed middle school. He lives with his parents but he has plans to become independent because he's getting married soon.

Since he was 12 years old he has worked in a metal shop with his uncle. The distance to this place is 4km from his house by bike. He works from 7:00 a.m. to 2:00 p.m. and in the afternoons he also worked with his father in the same trade.

This loan would be used to purchase construction material such as blocks, sand, cement, gravel as well as the purchase of electrical installation and the transportation of the materials from the place of purchase to the construction site.

Hugo's goals are to build his house, have a family and work hard to see his children grow up.
View original language description ↓
Hugo de 20 años de edad, es un joven trabajador que solo pudo realizar sus estudios de educación media, vive con sus padres, pero tiene planeado independizarse porque pronto contraerá matrimonio.

Desde que tenía 12 años trabajo en un taller de estructuras metálicas con un tío, para llegar a dicho lugar se desplazaba 4 km. Desde su casa en bicicleta y trabajaba de 7:00 am a 2:00 pm y por las tardes trabajaba también con su padre en el mismo oficio.

El préstamo será utilizado en la compra de materiales de construcción, tales como: bloques, arena, cemento, grava, también la compra de las instalaciones eléctricas y para el traslado de los materiales desde el lugar de compra hasta donde construirá su casa

Hugo tiene como meta construir su casa, formar una familia y trabajar duro para ver crecer a sus hijos.

Additional Information

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 451
    View loans »
    El Salvador Loans Fundraising
  • $23,334,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Hugo Alexander to purchase construction material such as blocks, sand, cement, gravel and electrical installation.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
N/A
Expired:
Oct 23, 2013