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Santos Agustín
Santos, age 50, is an entrepreneurial man who, in addition to working as a security guard, has the energy to market natural medicinal products. As far as school is concerned, he managed to get through 8th grade, which has been enough to get him the job he has. He is married and his wife is busy with the artisanal crafts and natural medicines business.

Their children have already started their own families and he is all his wife has to depend on. He works as a security guard, working every other day. On his off days, he makes use of the time to sell natural medicine products, which he buys at a considerable price from the distributors and sells at a profit. He has one year of experience in this business, making sales in the community and surrounding areas, door to door and by order.

They also have a business selling clay crafts, but this they only do during the Christmas season. He needs this loan in order to invest in his business making clay crafts to take advantage of the Christmas season when there is a major demand for these items. With financing, he'll be able to invest and make extra money for his family to cover basic necessities, as well as make his business self-sustaining.

Santos wishes to have his own house, as he currently rents, and plans to do this by strengthening his productive capacity. This way, he will make the income he needs to go on saving and in the near future make his dream a reality.
View original language description ↓
Santos de 50 años de edad, es un hombre emprendedor, ademas, de trabajar como agente de seguridad, tiene la iniciativa de comercializar productos medicinales naturales. En el estudio, logro sacar 8° grado, eso le ha servido para conseguir el trabajo que tiene. Esta acompañado y su señora se dedica al negocio de artesanías y productos medicinales naturales. Los hijos ya formaron su propia familia, de él solo depende su señora.

Trabaja como agente de seguridad, un día trabaja y otro descansa, este día lo aprovecha para comercializar productos medicinales naturales, que los adquiere a un precio considerable de los proveedores, al venderlo le queda un margen de ganancia. Tiene un año de experiencia en este negocio. Comercializa el producto en la comunidad y sus alrededores, de casa en casa y por pedidos.

Tienen ademas el negocio de venta de artesanías de barro, pero este solo en esta época navideña es cuando realizan esta actividad.

Necesita el crédito para invertir en el negocio de elaboración y venta de artesanías de barro, aprovechando la época navideña, donde hay gran demanda de estos artículos.
Teniendo el financiamiento, podrá invertir y así tener ingresos adicionales para su familia, cubriendo las necesidades básicas y ademas el negocio podrá ser auto sostenible.

El cliente desea tener su casa propia, ya que donde viven es alquilado; esto lo planean realizar fortaleciendo su iniciativa productiva. Así, generar ingresos que le permitan ir ahorrando y en un futuro cercano hacer realidad su sueño.

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.

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About El Salvador

  • $4,900
    Average annual income
  • 691
    View loans »
    El Salvador Loans Fundraising
  • $25,085,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Santos Agustín to invest in his clay crafts business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2013
Listed
Dec 1, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014