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Moisés Alexander
Moisés is a young entrepreneur with a strong desire to succeed. He is 22 years old, and married with two children. He has a ninth grade education and has had an auto body and painting workshop for nine years. There, he provides work to his father and a brother. Currently, he has a good clientele because his work is of very good quality and they work all day to ensure that deliveries are very fast. In order to purchase materials for his work, he travels to the city, a 20 minute bus ride. There, he makes purchases at a hardware store since they give him a good price and offer good quality materials.

The loan he is requesting is to purchase tubes and canvas to make a mobile canopy, which will serve as a gallery so that he can work more comfortably. The canopy will serve as protection from the sun, and he a will be able to move it anywhere to do his work during the hours when the sun is hottest. So, his income will be higher and he will be able to provide a better life to his family. He is planning to save and work very hard to purchase land and build his house since they live in a rented home.
View original language description ↓

Moisés, es un joven emprendedor, con muchas ganas de salir adelante, tiene 22 años de edad, esta casado y tiene 2 hijos; estudio noveno grado y tiene un taller de enderezado y pintura de vehículos, desde hace 9 años, ahí le da trabajo a su papa; y un hermano. Actualmente, tiene una buena clientela, ya que su trabajo es de muy buena calidad, para ello trabajan durante todo el día, para que las entregas sean bien rápido.

Para comprar los materiales para su trabajo, viaja hasta la ciudad, en autobús, durante unos 20 minutos, ahí compra en una ferretería, ya que le dan buen precio y materiales de buena calidad.

El préstamo que esta solicitando es, para comprar tubos y lona, para fabricar un canopi móvil, el cual servirá como una galera para trabajar mas cómodo, ya que su canopi, le servirá para protegerse del sol y podrá moverlo a cualquier parte para realizar su trabajo, en las horas que mas calienta el sol, y así también sus ingresos serán mayores, para dar una mejor vida a su familia.

Esta planificando ahorrar y trabajar muy duro, para comprarse un terreno y hacer su casa, ya que viven alquilando.

Additional Information

More information about this loan

This loan is part of a project to help young men and women in El Salvador (under age 26) launch their own businesses. The field partner is reducing the guarantee for these individuals, who normally would not have access to loans due to their lack of experience. Unemployment for young people is high in El Salvador, a fact that motivates many of them to leave the country instead of searching for work. Aside from access to financing, clients will also be grouped together according to their business types to receive training from CrediCampo's social development unit, and to share advice and support with one another.

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
  • 562
    View loans »
    El Salvador Loans Fundraising
  • $23,942,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Moisés Alexander to purchase tubes and canvas to make a mobile canopy.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2013
Listed
Nov 27, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2015