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Rosa Emerita

Update on Rosa Emerita

Rosa is 41 years old and is somebody who did not have the chance to study, as her parents did not have the possibility to provide her with an education. She has a husband who works in agriculture. They have three children -- two of them are in school and another one has his own home. Rosa only lives with her two children and husband.

Rosa has worked for three years selling tortillas in the market. As she could not find a job because she cannot read, she asked a friend for work and this friend gave her a tortilla stand. It takes her 25 minutes to get to this job, as she walks. Rosa also sells catalog products, which she offers after finishing work at the tortilla stand. She works at the tortilla stand from 6:00 a.m. until 2:00 p.m.

She is requesting this loan to buy catalog products to sell, such as lotions, creams, clothes, and cosmetics. She places the orders and sells the products later to people who like them. What she sells most are lotions and hair dyes, which give her a larger income.
View original language description ↓
Rosa de 41 años de edad, es una persona que no tuvo la oportunidad de estudiar ya que los padres no tenían la facultad como mantenerle el estudio. Esta acompañada el esposo se dedica a la agricultura, ellos han procreado tres hijos en esta relación, dos de ellos están en la escuela y uno que ya está en hogar aparte; Rosa solo vive con los dos hijos y el esposo.

Rosa trabaja desde hace tres años vendiendo tortillas en el mercado, ella en vista que no puede encontrar otro trabajo por no poder leer le solicito trabajo a una amiga y le ha dado a cargo un puesto de tortillas. Ella para llegar a este trabajo hace 25 minutos y viaja a pie; pero también Rosa vende productos por catálogo, cuando ella sale del trabajo de la venta de tortilla les ofrece esos productos. Ella en el puesto de las tortilla esta de las 6 am a las 2 pm

El préstamo que esta solicitando a CREDICAMPO, es para comprar productos por catálogo, como lociones, cremas, ropa, cosméticos, ya que ella hace los pedidos y luego se queda vendiéndolos a las personas que les guste los productos, lo que más vende son lociones y tintes para el cabello y esto le da más ingresos a ella que poder andar presentándolos en la revista.

Previous Loan Details

Rosa is 40 years old, in a relationship, and lives with her daughters (ages 10, 13, and 17). She only completed school through the seventh grade and her partner works in agriculture. For her part, Rosa sells seafood such as fish and shrimp. She learned this trade from her mother. In order to… More from Rosa Emerita's previous loan »

Additional Information

More information about this loan

This loan is designed for rural women in El Salvador. Loan amounts are much smaller than average and the field partner is not requiring any guarantee for this type of loan. The goal is to support businesses that will enable women to work from their homes or start flexible businesses, as many of them are single mothers and are the sole caretakers for their families. Women who receive this type of loan also receive training on entrepreneurship, business management and budgeting.

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.

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.

About El Salvador

  • $4,900
    Average annual income
  • 667
    View loans »
    El Salvador Loans Fundraising
  • $22,070,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $525 helped Rosa Emerita to buy catalog products to sell, such as lotions, creams, clothes, and cosmetics.
63% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2014
Listed
Jun 1, 2014
Currency Exchange Loss:
N/A