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José Santos
José, who is 21 years old, was working and studying at the same time. However, he could not keep both going so he had to stop studying and focus solely on working so he could earn an income and support himself. He was able to study as far as eighth grade. He is in a relationship and he and his partner have a four year old boy. His partner earns a living selling beauty products and also helps out in the hairdressing salon where he works. Previously José did agricultural work but for the last four years he has only worked at cutting hair in a hairdresser's. He learnt the trade from a friend who was doing the same work. The business is 1km from his house and he works all week from 8am to 5pm.

José is asking for the loan to buy equipment for the hairdressing salon, since what he has is in poor condition and his clients do not get a good service. He also needs to replace some hairdressing tools (scissors, combs, capes and other items). The demand for this service in this area is on the increase and there are opportunities for growth. With the loan José will have working capital to provide a better service and generate more income.

His dream for the future is to firmly establish his business, to increase his clients and build up customer loyalty to his business. By doing this he will be able to provide a source of employment for youngsters like himself who need an opportunity like the one which he found in hairdressing.
View original language description ↓
José de 21 años, se dedicaba a trabajar y estudiar al mismo tiempo, no pudiendo mantener ambas cosas,tuvo que dejar de estudiar y dedicarse solamente a trabajar para tener ingresos y mantenerse. Logro estudiar hasta octavo grado. Se acompaño y tiene un niño de cuatro años con su señora. Su pareja, se dedica a vender artículos de belleza y le ayuda también en la peluquería donde trabaja él.
Anteriormente, realizaba actividades agrícolas, desde hace cuatro años se dedica solo al corte de cabello en una peluquería . Este oficio lo aprendió gracias a un amigo, que realizaba esta actividad. El negocio esta a 1km. dee su casa y trabaja toda la semana de 8am a 5pm.
El préstamo que esta solicitando, es para comprar equipo para la peluquería, ya que con la que cuenta esta en mal estado y no les da buen servicio a sus clientes. Ademas, necesita renovar algunas herramientas de trabajo,(tijeras, peines, capa, entre otras). La demanda de este servicio, en este lugar esta mejorando y hay oportunidades de crecer. Con el crédito podrá contar con capital de inversión, para dar un mejor servicio y obtener mas ingresos.
Sus sueños a futuro, es poder establecerse bien con el negocio,crecer en clientes y fidelizarlos al negocio. Así poder generar fuente de empleo, para jóvenes como el que necesitan una oportunidad como la que encontró él con esta actividad.

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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 692
    View loans »
    El Salvador Loans Fundraising
  • $25,086,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped José Santos to buy equipment for the hairdressing salon and replace some hairdressing tools (scissors, combs, capes and other items).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014