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María Arminda
María is 42 years old and she lives with her husband who works in transportation with a pick-up truck. They have 3 children together. María learned to make tortillas at home when she was 12 years old, and she learned to make the stuffed corn tortillas called pupusas when she was 15 while she was working for someone else.

Today she works independently and makes pupusas Fridays and Saturdays, selling $20.00 each day and she makes tortillas every day, selling $12.00. The profitability of her business is 65% on average.

She will invest the loan as follows: $400.00 to repair her vehicle (purchase of vehicle's body), $200.00 to purchase tables and chairs to better serve her clients and $300.00 to purchase a new griddle and as working capital. With this loan, she will repair the body work of her vehicle which is important to her family, a great part of her income is generated with the transportation service they are able to provide. María also wants to start putting fruits and vegetables on the market and they plan to do this in different neighborhoods in their city. By purchasing tables and chairs for her business, María hopes to make her customers more comfortable and to obtain their loyalty. The working capital is to help her get started.

By improving the condition of her work equipment, she hopes that she'll have a better opportunity to make sales. This would mean greater returns, and she hopes this will improve their quality of life. She wants to work hard in her business and make efforts in order to help her daughter in her studies and so that she can purchase land to build a house of her own.
View original language description ↓
María de 42 años, vive junto a su esposo, persona que se dedica al servicio de transporte con un pick up, han procreado tres hijos.

Ella aprendió a elaborar tortillas en su casa, cuando tenía 12 años de edad y las pupusas hace 15 años, cuando trabajo como empleada de otra persona, Hoy trabaja de forma independiente y hace pupusas los días viernes y sábados, cada día vende $20.00 dólares, en el negocio de tortillas es de todos los días, vende $12.00. La rentabilidad del negocio que ella hace es del 65 % en promedio

El préstamo será invertido en: $400.00 en la reparación del vehículo (compra de la palangana o carrocería) y $200.00 en la compra de mesas y sillas para la atención de sus clientes y $300.00, para comprar una nueva plancha y utilizarlo como capital de trabajo.

Con la inversión, reparara la carrocería del vehículo que es importante para esta familia, gran parte de sus ingresos se generan con el servicio de transporte que hacen; también, quieren iniciar con la comercialización de frutas y verduras, y planean hacerlo en las diferentes comunidades de la ciudad, al comprar mesas y sillas para su negocio, espera brindar mejor comodidad a sus clientes y obtener preferencias, y el capital de trabajo para que emprendan sus labores.

Al mejorar las condiciones de sus equipos de trabajos, se espera que tengan mejores oportunidades de ventas y esto signifique mayores utilidades comerciales, esperando que sus condiciones de vida mejoren.

Desea, luchar en el negocio, esforzándose, para apoyar a su hija en el estudio académico y poder comprar un terreno para hacer su casa.

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 El Salvador

  • $7,500
    Average annual income
  • 808
    View loans »
    El Salvador Loans Fundraising
  • $25,672,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped María Arminda to repair her vehicle's body, to purchase tables, chairs and a new griddle and have working capital.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Oct 23, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 20, 2015