Margarita Del Carmen
Update on Margarita Del CarmenMargarita is 44 years old and studied to the 9th grade, she is a single mother who separated from her husband due to personal problems.
Margarita spends her time performing household chores, but she also works in agriculture. When she gets backs from the fields, she tends to a few chickens that she owns. From a very young age Margarita's father showed her the ropes in the field of farming as her family had to work hard to gain their daily bread and they helped her father in his work. This was of great use as she now works in agriculture. Margarita also makes corn tamales, going to sell them in the afternoon, she has been selling tamales for almost fourteen years to date.
With the previous loan she bought agricultural supplies and the plot of land when she would have grown this year, an opportunity arose in which a cousin gave her a plot of land so that together with her children they could tend to the crop to get more harvests and therein she would have what she needed to look after herself. With this loan, however, she will buy the agricultural supplies for this new plot of land; she will buy 6 bags of fertilizer and a liter of weed killer which will help her a lot as they are now growing more to get ahead in life with their children.
Margarita se dedica a los oficios domésticos, pero también se dedica a la agricultura al regresa del campo ella cuida unas sus gallinitas que tiene. Desde muy pequeña el papá le enseño la agricultura ya que en la familia tenían que trabajar mucho para lograr el pan de cada día y ellos apoyaban al papá al trabajo; pero eso le sirvió de mucho ya que hoy en día ella se dedica a la agricultura de lleno. También hace tamales de elote y sale por las tardes a vender, ya tiene casi catorce años de dedicarse a vender tamales.
Con el préstamo anterior compro los insumos agrícolas y el terreno donde cultivara para este año, pero se le dio la oportunidad que un primo le dio una parcela para que junto a los hijos los cultivara para que sacara más cosechas y tuviera como defenderse y de este préstamo comprara los insumos agrícolas para esa otra parcela, ella comprara 6 sacos de abono y un litro de herbicidas, esto le ayudara mucho porque hoy cultivaran más para salir con los hijos adelante.
Previous Loan DetailsMargarita is 44 years old. She studied up to Grade 9. She is a single mother separated from her husband for personal reasons. Margarita does domestic work but also is a farmer. And coming back from the fields she also cares for the chickens she has. Her father taught her farming when she was quit... More from Margarita Del Carmen's previous loan »
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 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.
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
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This loan has been fully funded!
- Repayment Term
- 13 months (Additional Information)
- Repayment Schedule
- At end of term
- May 22, 2014
- Jun 8, 2014
- Currency Exchange Loss:
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.