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Salvador

Update on Salvador

Salvador is 45 years old and completed up to third grade at school. He is married; his wife is a housewife.

Salvador works for an organisation that exports coffee. He has been doing this work for three years and, as an additional source of income, he sells ice lollies from home. Salvador's workplace is a five minute motorcycle ride from his home. He works from 7am until 7pm.

Salvador is applying for this loan from "Fundación Campo" in order to buy a vehicle. Salvador used his previous loan to buy a motorcycle and this has improved his living conditions. Before he had to walk to work and when he went out to sell ice lollies. Now he can do this work on his motorcycle. Salvador will use this loan to buy a motorcycle which he can use for his work - he can run journeys for the organisation as on occasions there are no vehicles available to transport the coffee. Having this motorcycle would represent a higher income in his work.

Salvador's dream is to buy this motorcycle with the help of the loans provided by "Fundación Campo". He hopes to give his children the best he can and to prepare them to study at university and take on a profession.
View original language description ↓
Don salvador de 45 años de edad, estudio hasta tercer grado de nivel académico, es casado, su pareja se dedica a los domésticos.

Don Salvador trabaja en una institución que exporta café, tiene tres años de dedicarse a este trabajo también tiene como otra fuente de ingresos la venta de paletas en la casa. El trabajo a don Salvador le queda a una distancia de 5 minutos en motocicleta, el horario de trabajo es de 7:00 am a 7 de la noche.

Don Salvador con el crédito solicitado en Fundación Campo, comprara un vehículo ya que con el crédito anterior que se solicitó compro una motocicleta y le vino a mejor su estilo de vida, ya que Él antes viajaba a pie para su trabaja y cuando salía a vender paletas lo hacía a pie y hoy lo hace en su motocicleta. La necesidad que satisfará este crédito es que el carro lo meterá a trabajar en cualquiera de los viajes que en la institución se da, ya que en ocasiones no se encuentran carros que jalen el café y eso implica más ganancias en su empleo

Sus sueños es de hacerse de sus cositas, con la ayuda que la fundación le da en otorgarle créditos y para sus hijos espera lo mejor y que ella se prepare en el estudio y sea una profesional.

Previous Loan Details

Salvador is 44 years old, married, and has three children. He has a 16-year old daughter in high school, and 8 and 12-year old sons in elementary school. He works as a security guard during the night, and for the last three years he has sold cheese, cream and baguette bread during the day. Weekly,… More from Salvador'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
  • 445
    View loans »
    El Salvador Loans Fundraising
  • $22,690,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Salvador to buy a vehicle.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 28, 2013
Listed
Jan 1, 2014
Currency Exchange Loss:
N/A
Ended:
Nov 20, 2014