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Wence

Update on Wence

Wence, 56 years old, began to work at a young age, and he wasn't able to study because his parents didn't have the economic means to offer an education for him. All of Wence's children still live at home with him, as they are quite young, and the older ones are studying in the community’s school.

Wence has worked in agriculture throughout his life, as his father was also in this field, and because he was the only male from the siblings, he had to help his father to cultivate corn. Once he married, he continue to work on his own, for his family. In addition, he performs daily jobs tending cattle, or buying and selling fish. He does these jobs on a daily basis and then sells the products from his own home. During the harvesting season he grows corn in a field of 7,000 sqm.

The loan that he is requesting now will be to buy farm animals (like pigs) and animal feed. Wence wants to support his children’s education as much as possible. He also hopes to be able to build a home in the future, as they currently rent and he wants to build a house for his family.
View original language description ↓
Wence de 56 años de edad, desde muy joven se a dedicado al trabajo, no pudo estudiar ya que sus padres no tenian la condición económica para darle el estudio, todos sus hijos viven con él; ya que la mayoría están pequeños y los mayores van a la escuela de la comunidad en primaria.

Wence se a dedicado a trabajar todo su vida en la agricultura, ya que su padre se dedicaba a esta actividad y siendo el único barón de la familia tenia que ayudarle a su padre en el cultivo de maíz. Luego se caso y empezó a trabajar por su cuenta para su familia, también trabaja como jornal ayudandole a cuidar unos animales bovinos y a comprar y vender pescado, esta actividad la hace todos los días y vende de casa en casa, en la época agrícola cultiva 7,000 metros cuadrados de maíz.

El préstamo que esta solicitado, es para comprar animales de granja cerdos y la compra de concentrados para la alimentación de estos.

Él espera sacar adelante a sus hijos con el estudio hasta donde sea posible, también espera un futuro construir una vivienda; ya que actualmente esta viviendo en casa ajena y quiere construir para su familia.

Previous Loan Details

Wence, 55, is married and has four children. He started working in agriculture alongside his father while still very young because he’s the only male in the family and he had to help his father. When he became an adult and got married he became independent from his parents and worked in agricul... More from Wence's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 452
    View loans »
    El Salvador Loans Fundraising
  • $23,269,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Wence to buy farm animals (like pigs) and animal feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 22, 2013
Listed
Dec 1, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014