Frank is 21 years old and is described as a hard-working young man with an entrepreneurial spirit. He finished the ninth grade before going to work with his father in the livestock business. When his father died two years ago, Frank had to take his place as the person who provides for his mother and sister. Frank’s father taught him the business, and he has five years of experience buying and selling livestock. He has been on his own for two years now.
Frank will use this loan to buy cows for breeding. He says that this is his first time borrowing money, and he wants to take advantage of current livestock prices, which are very low. Frank says that he wants to expand his business and have a large cattle ranch to produce milk to sell. He also wants to marry and have his own family.
Frank es un joven de 21 años de edad, emprendedor y trabajador que se hizo cargo de su mamá y una hermana como hombre del hogar al fallecer su padre, se responsabilizó de su familia, él estudió hasta noveno grado y desde entonces se dedicó junto a su padre al negocio del ganado.
Tiene 5 años de experiencia en el negocio de la compra y venta de ganado y desde hace 2 años que esta solo en el negocio por la muerte de su padre quien fue el que le enseño.
El préstamo sera utilizado en la compra de vaquillas para repasto, el cliente quiere aprovechar a comprar ya que el ganado esta barato y además es su primera experiencia con créditos.
A futuro, Frank quiere que su negocio crezca quiere tener una ganadería grande y comenzar a producir leche para la venta, y además casarse y formar su propia Familia...
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.