Update on Luís AlonsoLuis is 49 years old and married. He did not go to school because his parents had scarce financial resources, and they were not able to give him an education. His wife devotes herself to the household chores. However, she does help him with the agricultural work. He has two daughters, ages 26 and 24. They do not live with him.
Luis started working in agriculture when he was 12 years old. At that age his father took him to work growing corn. Upon forming his own household, Luis devotes himself fully to agriculture and livestock. He does this work with his wife and daughters. When they have free time they help Luis with the field work.
Luis will use the loan to buy three head of cattle. His idea is to fatten them in a year and then sell them. With the earnings he gets from this, he will repay his loan and buy some food as sustenance for his household.
Luis dreams of his wife, his daughters, and his grandchildren having a good future. He dreams that they will not experience what he did, and that they become good people.
Luis se inicio en la agricultura a la edad de 12 años, su padre desde esa edad lo llevaba a trabajar en la siembra de maíz. Al formar su propio hogar Luis se dedico mas de lleno a la agricultura y ganadería el trabajo lo realiza junto con su esposa e hijas que cuando tiene tiempo libre se dedican a ayudarle a Luis en el trabajo de campo.
Luis utilizara el crédito para comprar tres novillos de repasto, ya que su idea es engordarlos en un año luego los venderá y con la ganancia obtenida cancelara lo que es su crédito y comprara algunos alimentos para el sostenimiento de su hogar
Luis sueña que su esposa y sus hijas y nietos tengan un buen futuro y que no pasen por lo que él paso y que sean personas de bien.
Previous Loan DetailsLuis is 48 years old, has a life companion, and studied until the ninth grade. He gets up at 5:00AM with his wife and children who attend school and depend on the work he does. Luis works in the agriculture business which he learned from his parents. He walks 1.5 kilometers to the fields and… More from Luís Alonso's previous loan »
More information about this loan
This loan is part of a CrediCampo project to help rural farmers living in extreme poverty plant basic grains to feed their families. Excess product is sold on the local market. These loans are smaller than the typical loans offered by this field partner, and guarantee requirements are also reduced. Individuals who receive this type of loan also get access to technical assistance, information on good environmental practices and increased access to farm inputs like fertilizer. This is considered a high risk loan due to the population and loan purpose, and CrediCampo is one of the very few institutions in El Salvador willing to working with these farmers.
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.
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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