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María Catalina
María, age 45, lives together with her 65 year old husband. They have two daughters, ages 24 and 20 respectively, and a son who is an electrical technician. Of these, only the last one lives with them; the daughters have gotten married.

For more than twenty years, she has worked making and selling tortillas. She does this work with the support of a sister. She has been doing this work since her husband became unemployed. She buys the corn and the firewood from vendors in the area and carries them to her place of business, which is in the garage of her home.

The loan will serve to make the payment on a current loan from Fundación CAMPO and to repay a friend who had lent to her to take care of a health problem for her husband. She will use the rest to buy corn and firewood.

In this way, she will reinforce her working capital and allow her family to avoid a financial imbalance due to their debts.

After this financing, she will be able to buy corn in the harvest season when it can be found at a lower price in the markets, and will pay her debts. She will still have a financial responsibility, allowing her to be able to honor her debts satisfactorily.

She plans to continue with her business and support her children so that they can buy their own homes.
View original language description ↓
María de 45 años, vive junto a su esposo de 65 años de edad. Procrearon 2 hijas, que tienen 24 y 20 años de edad respectivamente y un hijo que es técnico electricista. De estos, solo este último vive con ellos, las hijas se han casado.

Ella se dedica a la elaboración y venta de tortillas desde hace más de 20 años, esta labor la hace con el apoyo de una hermana. Esta actividad la hace desde que el esposo, quedó desempleado. El maíz y la leña lo compra a comerciantes de la zona, se la llevan hasta el local de trabajo. Este local es el garaje de su vivienda.

El préstamo servirá para realizar el pago del préstamo vigente en Fundación CAMPO y pagar a un amigo que le prestó, para solventar un problema de salud del esposo y el resto lo utilizará en la compra de maíz y leña.

De esta manera, fortalecerá con capital de trabajo y permitir que la familia no tenga un desbalance financiero, por las cuentas por pagar.

Al capitalizarse, podrá comprar el maíz en temporada de cosechas y es donde se encuentra a menor precio, de compra en el mercado y al pagar las deudas, se quedará con una responsabilidad financiera, permitiendo que puedan honrar satisfactoriamente.

Piensa, seguir con el negocio y apoyar a sus hijos, para que puedan tener sus viviendas.

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

  • $4,900
    Average annual income
  • 656
    View loans »
    El Salvador Loans Fundraising
  • $22,073,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped María Catalina to complete the payment of an active loan with Fundación CAMPO and to repay a friend who had loaned her money to straighten out a health problem for her husband. The rest she will use to buy corn and firewood.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014