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Katerin Marilu
Katerin is 18 years old and is studying in high school. She is single and lives with her mother and siblings. Her father is in the U.S. and helps to fund her studies.

She has a small business selling clothing that her mother and her sister help her to sell. On Saturdays and Sundays they go to the street corners where they have regular customers.

She needs a loan in order to purchase women's and men's undergarments, blouses, t-shirts, skirts, pants, etc. in order to offer varied merchandise and to obtain better income. In this way she will change her life and improve her sales.

Her dream is to continue with her business and to have more customers and with the income obtained be able to pay off her loan and continue working with Kiva partners.
View original language description ↓
Katerin de 18 años de edad, esta estudiando bachillerato,es soltera, vive en casa familiar con su madre y sus hermanos, su padre esta en estados unidos, el cual le ayuda para el estudio.


Tiene un pequeño negocio de venta de ropa el cual su madre y su hermana le ayudan a vender, los sábados y los domingos van a vender a los cantones el cual ya tienen sus clientes.


El préstamo lo necesita para comprar ropa interior para dama y caballero, blusas, camisetas, faldas, pantalones, etc. para ofrecer variedad de mercadería y obtener mejores ingresos, de esa forma cambiara su vida al mejorar sus ventas.

El sueño de la cliente es seguir con su negocio y tener mas clientes y con las ganancias obtenidas podrá cancelar la cuota y seguir trabajando con la institución.

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

  • $4,900
    Average annual income
  • 696
    View loans »
    El Salvador Loans Fundraising
  • $24,309,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $500 helped Katerin Marilu to purchase women's and men's undergarments, blouses, t-shirts, skirts, pants, etc. in order to offer varied merchandise.
55% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2014
Listed
May 22, 2014
Currency Exchange Loss:
N/A