With the loan, she intends to purchase the materials she needs to bake bread such as: milk, flour, sugar, yeast, eggs, vanilla, fire wood, and to pay an employee to sell the bread in the community. In the future, she hopes to expand her business, purchase an oven that will facilitate her work, hire more employees from her community and and supply stores in her town and neighboring towns. She also hopes to continue to help her family financially and have her own home.
Con el crédito pretende comprar los materiales para la elaboración del pan, como lo es la leche, la harina, azúcar, levadura, huevos, vainilla y leña para calentar el horno artesanal, para pagar a una persona, quien es la que le vende el pan en su comunidad.
A futuro, desea hacer crecer el negocio, comprar un horno que le facilite el trabajo, para emplear a mas gente de su comunidad y surtir las tiendas de su comunidad y del pueblo cercano. Para seguir apoyando a sus padres económicamente, tener sus propia casa.
More information about this loan
This loan is designed for rural women in El Salvador. Loan amounts are much smaller than average and the field partner is not requiring any guarantee for this type of loan. The goal is to support businesses that will enable women to work from their homes or start flexible businesses, as many of them are single mothers and are the sole caretakers for their families. Women who receive this type of loan also receive training on entrepreneurship, business management and budgeting.
About CrediCampoThis 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
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Success!! The loan was 100% repaid