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Juan Alberto

Update on Juan Alberto

Juan studied up to 8th grade at high school and lives happily with his partner who is a housewife. They have three children who he has to support financially. At the moment, they are studying, but soon they will also start to contribute to the family income.

Juan has spent a lot of his life working. He used to work in a company selling and distributing ice-cream in a truck. However, one day he decided to go it alone and started selling ice-cream himself as he walked around the streets. As time went on, he realized that he had to be more mobile so he bought a motorcycle. This helped him to improve his profits as he continued to work from early in the morning until the evening.

The hottest part of the year is between January and April, which is when the demand for ice-cream goes up considerably. Therefore, Juan needs this loan to be ready to buy more products and satisfy the customer demand, which will improve his income.

Juan dreams of having a better home for his family. At the moment, they live in a hut which is protected from dust and water by a nylon sheet, giving them a little bit of privacy. He would like his family to live in more dignified conditions and to be happy.
View original language description ↓
Juan, estudió hasta 8 grado de secundaria, está felizmente acompañado y su pareja se dedica a los oficios domésticos, tienen 3 hijos que dependen económicamente de él, por el momento ellos están estudiando, pero ya comenzaran a aportar dinero para la casa.

Juan se ha dedicado a ser empleado por mucho tiempo en su vida, trabajaba en una empresa vendiendo y distribuyendo helados en un camión, pero un día decidió independizarse y empezó a vender helados de forma independiente, pero lo realizaba caminando en las calles, con el tiempo notó que debía moverse más rápido para vender más, así que se compró una motocicleta y de esta manera a mejorado sus ingresos, trabajando desde tempranas horas del día hasta el atardecer.

La época más calurosa del país es entre enero y abril, es en este tiempo donde la demanda de helados crece en gran manera, por lo tanto don Juan; necesita el préstamo para estar preparado para comprar más producto y satisfacer las necesidades de sus clientes y obtener de su parte mayores ingresos.

Don Juan sueña con tener una mejor vivienda para su familia, pues en este momento vive solamente en un ranchito el cual está cubierto solamente con un nylon con el que se protegen del polvo y el agua y obtienen un poco de privacidad; y pues él quiere que su familia viva de una manera digna y feliz.


Previous Loan Details

Juan is 36 years old. He is married with three children, a 16 year old in the 9th grade, a 12 year old girl in the 5th grade, and the youngest member of the family is six years old. Juan's wife works selling traditional food such as pastries, enchiladas, tostadas (toasted tortillas), etc. Juan... More from Juan Alberto'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.

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About El Salvador

  • $4,900
    Average annual income
  • 451
    View loans »
    El Salvador Loans Fundraising
  • $23,251,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $700 helped Juan Alberto to buy more ice-cream for the dry season.
75% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2014
Listed
Jan 17, 2014
Currency Exchange Loss:
N/A