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Cristóbal

Update on Cristóbal

Cristóbal is once more seeking a Kiva loan, in order to stock his business selling women's shoes. His previous loan helped him a lot, and this time he wishes to buy 60 pairs of women's shoes. He is grateful to the people who trust in him and his business.
View original language description ↓
Cristóbal una vez más recurre a un crédito kiva, para continuar surtiendo su negocio de venta de calzado femenino, ya que el crédito anterior le ha servido mucho y esta vez desea comprar 60 pares de calzado femenino.
Agradece a las personas que confian en él y en su negocio.





Previous Loan Details

Cristobal is 67 years old and studied to the 3rd grade. He is married and his wife is a housewife. In addition, she has a small store that sells women's shoes. His son lives with him at home and the other 2 children are now married.

Cristobal transports inter-urban passengers in the… More from Cristóbal's previous loan »

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.

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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 657
    View loans »
    El Salvador Loans Fundraising
  • $22,073,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $600 helped Cristóbal to buy 60 pairs of women's shoes.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2014
Listed
Jun 7, 2014
Currency Exchange Loss:
N/A
Expired:
Jul 7, 2014
This photo was used before for a previous loan for Cristóbal. It was first posted on Kiva on Nov, 2013. Learn More