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Lorena Elizabeth
37 year old Lorena only studied through third grade as her family had scant resources. She has a partner and 5 children and only one is in school and nobody else lives with them.
Lorena runs a mill and has done so for 5 years. Before that she stayed home and it was one of her sisters who persuaded her to open the mill. She starts her day at 5:00am to attend to her clients when they arrive at the mill and to prepare breakfast for her family. She finishes her day at 5:00pm as this is when the mill closes.
She will use the loan that she is requesting to sow a hectare of corn, for which she will buy seed, fertilizer, and herbicide.
Her dreams are to buy more land so that each of her children will have a place to build a house and she would also like to have 5 milk cows.
View original language description ↓
Lorena tiene 37 años de edad, estudió hasta tercer grado ya que su familia era de escasos recursos, está acompañada, tiene 5 hijos y solo una estudia, nadie más vive con ellos

Lorena se dedica a atender un molino que tiene desde hace 5 años, antes solo atendía su hogar, fue una hermana suya quien la indujo a poner el molino, su día comienza a las 5:00 AM para atender a los clientes que llegan al molino y para preparar el desayuno para su familia, terminando su jornada a las 5:00PM pues a esa hora cierra el molino

El préstamo que está solicitando será utilizado para la siembra de 1 hectárea de maíz para lo cual comprará semilla, abono y veneno

Sus sueños son comprar otro terreno para dejarles a cada uno de sus hijos un lugar donde construir su casa, y además le gustaría tener 5 vacas lecheras.

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.

About El Salvador

  • $7,500
    Average annual income
  • 761
    View loans »
    El Salvador Loans Fundraising
  • $26,201,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Lorena Elizabeth to buy seed, fertilizer, and herbicide to sow a hectare of corn.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 3, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014