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Additional Information

More information about this loan

This loan is part of a project to help young men and women in El Salvador (under age 26) launch their own businesses. The field partner is reducing the guarantee for these individuals, who normally would not have access to loans due to their lack of experience. Unemployment for young people is high in El Salvador, a fact that motivates many of them to leave the country instead of searching for work. Aside from access to financing, clients will also be grouped together according to their business types to receive training from CrediCampo's social development unit, and to share advice and support with one another.

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
  • 756
    View loans »
    El Salvador Loans Fundraising
  • $27,027,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Ended with Loss - Defaulted
A loan of $700 helped this borrower to purchase raw materials for his sewing projects.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 22, 2014
Apr 7, 2014
Currency Exchange Loss:
Oct 2, 2015