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David

Update on David

David, who is 30-years old, went to school until eighth grade. He lives with his partner, who makes her living as a domestic servant in other homes. They have two daughters who live at home. Their 7-year old daughter goes to school.

Don David works as a security guard. He has been in this line of work for five years. Since he had completed his military service, it was easy for him to get a job in security. In addition to his security work, don David makes his living in agriculture planting basic grains. Before becoming a security guard, he always worked in agriculture. Don David travels far from work to home; it takes two hours by bus for him to get home from work.

The loan that don David is requesting is for setting up a small broiler chicken farm. He sees this as an alternative business that will generate income for him and allow him to get ahead financially. Specifically, he will purchase 100 chicks, two sacks of growth animal feed and two sacks of fattening animal feed. The loan will help him to earn a greater income and to have a better quality of life, along with his family. The idea of the farm is something don David has had in mind for a long time. However, because of a lack of resources, he hasn't been able to put his small chicken farm project into action.

In the future, don David plans to have a bigger farm, greater production and to be a large-scale family producer of broiler hens. He hopes that his daughters become respectable people who are able to complete advanced studies in school. Don David will use his earnings to invest further in his business by purchasing more chickens and expanding his sales area.
View original language description ↓
David de 30 años, estudio hasta octavo grado, está acompañado; su compañera de vida, se dedica a realizar oficios domésticos como empleada en otros hogares, ellos tienen 2 hijas que viven en casa una de ellas la de 7 años estudia la preparatoria.

Don David presta sus servicios trabajando como empleado de seguridad, él se dedica a esta actividad de seguridad desde hace 5 años como él ya había prestado su servicio militar, se le hizo fácil trabajar de seguridad, aparte de ser empleado de seguridad, se dedica a la agricultura en la siembra de granos básicos. Antes de ser empleado de seguridad, siempre se dedicaba a la agricultura. La distancia que existe del trabajo a su casa, está retirado él viaja 2 horas en bus para llegar a su lugar de trabajo.

El préstamo que está solicitando, es para implementar una pequeña granja de engorde de pollos, ya que el ha visto en la actividad una alternativa que le generara ingresos y salir adelante económicamente. Él específicamente comprara 100 pollitos, 2 sacos de alimento concentrado, crecimiento y dos sacos de alimento para engorde. El préstamo le ayudara para obtener mayores ingresos y tener una mejor calidad de vida con su familia. La idea de la granja era un proyecto que tenía en mente hace mucho tiempo, pero por falta de recursos no había podido poner en marcha el pequeño proyecto de la granja de pollos.

En un futuro don David piensa tener una granja más grande, una mayor producción y ser una familia productores en grande de pollos de engorde. Para sus hijas espera que sean personas de bien, que logren sacar sus estudios superiores, las ganancias las utilizara para invertir más en el negocio comprando más pollos ampliando más el local.

Previous Loan Details

David, 29, lives with his life companion that he’s lived with for three years. He works as a security guard and his wife does domestic chores and runs their small store. David has been working for a security firm since September 27, 2009. He works 14-hour shifts, a day on and one off. In his… More from David's previous loan »

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.

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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 446
    View loans »
    El Salvador Loans Fundraising
  • $22,660,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped David to purchase 100 chicks, 2 sacks of growth animal feed and 2 sacks of fattening animal feed.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2013
Listed
Oct 21, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014