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Santos
Santos is 40 years old. She did not have the opportunity to attend school because of the circumstances of her life. She is a single mother with three children who are studying in school. Her situation as a single mother has not prevented her from working hard in order to support her children.

This is why she has opened a little café in the community school this year, in addition to the business that she has had in her house all of her life; having to raise her children on her own is what motivated Santos to do the work that she does. The school where she has her little café is about 500 meters from her house, and she pays someone to help her in the business. Her work schedule is from 7:00 a.m. to 4:00 p.m.

The loan that she is requesting from CrediCampo will be invested in the purchase of beverages, snacks, meat, vegetables, frozen treats, etc. With this, she will increase her sales and have more income; and accomplish her goal of being able to do the work that she likes.

Santos’ goal is to continue with the café and make it more profitable, and to have better financial stability so that her children will have help completing their studies.
View original language description ↓
Santos tiene 40 años de edad, por circunstancias de la vida no tuvo la oportunidad de estudiar, es una madre soltera que tiene tres hijos los cuales estudian en la escuela.

Su situación de madre soltera, no le ha impedido a Santos trabajar duro para mantener a sus hijos, es por eso que ella tiene un cafetin en la escuela de la comunidad, inició este trabajo este año, también tiene negocio en la casa, el que lo ha tenido toda su vida.
La necesidad sacar adelante a sus hijos ella sola, fue la que llevó a Santos a realizar la actividad a la que se dedica, la escuela donde tiene el chalet, le queda a unos 500 metros de su casa, ella paga quien le ayude en el negocio y su horario de trabajo es de 7:00 AM a 4 PM.

El préstamo que está solicitando a CrediCampo, será invertido en la compra de bebidas, golocinas, carnes, verduras, helados, etc. Con lo que ampliara las ventas, tendrá más ingresos y cumplirá su deseo de poder dedicarse a lo que le gusta.

Santos tiene como propósito continuar con el cafetin y que sea más rentable, tener una mejor estabilidad económica, para que de esta forma no le falte la ayuda a sus hijos para terminar sus estudios.

Additional Information

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 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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 600
    View loans »
    El Salvador Loans Fundraising
  • $21,991,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Santos to purchase beverages, snacks, meat, vegetables, frozen treats, etc. to sell in the café.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2014
Listed
Feb 22, 2014
Currency Exchange Loss:
N/A
Ended:
Nov 20, 2014