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María Magdalena
María is 35 years old and studied until grade 5. She could not continue her studies due to her economic situation and had to work to help with the expenses of the household. She is married, her husband is a policeman. She has two children aged 15 and 17, both of whom study. She sells pupusas (a traditional Salvadorean food) and she gets help from her children in their free time and her husband when he is on vacation.

María has been selling pupusas for 10 years and comments that she started out with a very small location. With time she saw that it was functioning and she decide to increase her sales. When she started it was her mother that got her to get the stand and she always supported her in her decisions and supported her in bringing her children up.

María will use the loan to invest once more in the business. What she wants to do is open another sales location, specifically buy a stove to cook the pupusas and the ingredients to make them. María has always wanted to expand her business more, opening more locations which will generate more revenues. She also wants to make improvements on her house so she and her family can live in more comfort. As for her children she wants the best and that they continue to study and become useful members of society.
View original language description ↓
María tiene 35 años de edad, estudió hasta quinto grado, debido a su situación económica no pudo continuar con sus estudios y tuvo que trabajar para aportar en los gastos económicos de su hogar, actualmente está acompañada y su pareja es policía, tienen 2 hijos de las edades de 17 y 15 años, ambos estudian, ella se dedica a vender pupusas y recibe ayuda de sus hijos en los tiempos libres, y de su esposo cuando tiene vacaciones.

María tiene 10 años de dedicarse a vender pupusas comenta que comenzó con un local pequeño y con el tiempo vio que le funcionaba y decidió aumentar las ventas, tiene diez años de dedicarse a este trabajo y comenta que le funciona bien, la iniciativa de poner este local la tuvo por su madre que siempre le apoyaba en sus decisiones y también por ala necesidad de sacar adelante a sus hijos.

El crédito lo utilizará para invertirlo siempre en la pupusería, pero ella lo que quiere hacer es poner otro local, específicamente comprará una cocina para hacer pupusas, y los ingredientes para la elaboración de las mismas.

María siempre ha querido expandir más sus negocio, poner más locales que le generen mayores ingresos y también desea mejorar un poco la vivienda para vivir más cómodamente con su familia, para sus hijos desea lo mejor que sigan estudiando mucho para que sean personas de bien en la sociedad.

Additional Information

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
  • 442
    View loans »
    El Salvador Loans Fundraising
  • $23,095,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $800 helped María Magdalena to invest in her pupusa business, buying a stove and ingredients to make pupusas.
47% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2014
Listed
May 28, 2014
Currency Exchange Loss:
N/A