The client will buy wood for completing the construction of his home, and will also install basic electricity service. The loan will improve his quality of life, as he will be able to have his own home.
His dreams are to be able to continue working so that he can have a decent home for his family, and for his daughter to grow up strong and healthy.
A loan will help him greatly, as he can work on his home until he finishes it. From his salary as an employee he is paying off his loan little by little, and expects to meet his obligations very well, so that CrediCampo will keep lending to him.
El cliente comprara madera para terminar la construcción de su vivienda y además ponerle el servicio básico de energía eléctrica. El préstamo le mejorara su calidad de vida, ya que podrá tener su propia vivienda. Sus sueños son poder seguir trabajando para tener una vivienda digna para su familia; en cuanto a su hija, que crezca fuerte y sana. El préstamo le ayudara mucho ya que puede trabajar en su casa hasta terminarla; de su sueldo de empleado va pagando su préstamo y espera responder muy bien para que Credicampo le siga prestando.
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 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
About El Salvador
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Success!! The loan was 100% repaid