María has a business selling sandwiches, pastries, and fried potatoes, among other products. She does this on the weekends, and from Monday through Friday she works as an employee on a neighboring farm, where she is in charge of vaccinating the chickens. The farm is located two blocks from her house.
She will use the loan to buy supplies (rolls, chicken, corn and cabbage, among other items), for her business which she operates on the weekends. At this time, she wants to expand the business, since there is a great demand for her products, and she does not have sufficient funds to invest.
She would like to have a small shop where she can be sure of earning the income to cover the necessary expenses in her household.
María tiene venta de panes rellenos, pasteles, papa frita, entre otros productos, esto lo hace los fines de semana y de lunes a viernes, trabaja como empleada en una granja vecina, ahí es la encargada de la vacunación de pollos. La granja se encuentra a dos cuadras de su casa.
Utilizará el préstamo para comprar materia prima (panes, pollos, maíz, repollo entre otras cosas,) para su negocio que atiende los fines de semana. En este momento, quiere ampliar el negocio ya hay gran demanda de sus productos y no cuenta con el dinero suficiente para invertir.
Ella desea tener una pequeña tienda, donde pueda asegurar los ingresos para cubrir con los gastos que se requieren en su hogar.
More information about this loan
This loan is designed for rural women in El Salvador. Loan amounts are much smaller than average and the field partner is not requiring any guarantee for this type of loan. The goal is to support businesses that will enable women to work from their homes or start flexible businesses, as many of them are single mothers and are the sole caretakers for their families. Women who receive this type of loan also receive training on entrepreneurship, business management and budgeting.
About CrediCampoThis 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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Success!! The loan was 100% repaid