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Reina De La Paz
Reina is 23 years old and the mother of a six year old daughter who is a first grade student in the community school. She leaves her to study Monday through Friday, walking 1 kilometer each day and back to get her at noon. Reina studied through high school and thanks to the support of her parents she graduated in 2009. She grew up with three siblings, married four years ago, and her husband works as a driver in the city and is always thinking of the family.

Reina has always been an enterprising woman. Since she was young she helped her parents sell bread in the community and did household chores. A year ago her parents and siblings encouraged her to start her own business. Her husband supported her and also gave her $200 to open a small community store, since there is only one and it is far away from the more populated area. So this is how she opened her small business where she offers her customers basic stables and more. Previously she worked in the construction of a road that passed through her community and was able therefore to help her parents and her daughter.

She is asking for a loan from CrediCampo to buy a display case to have more products to offer her customers and a shelf where she will put basic staples, and to buy merchandise, permitting her to have more products to sell resulting in more income to bring up her daughter and support her family.

Reina dreams of supporting her daughter throughout her studies successfully ending in a university degree. She also wants to expand her small business planning to save so she can buy merchandise from the earnings she gets from the store.
View original language description ↓
Reina de 23 años de edad, es madre de una niña de seis años quien estudia primer grado en la escuela de la comunidad y a quien tiene que ir a dejar a estudiar de lunes a viernes, tiene que caminar 1 km cada día y además ir a traerla por la mediodía. Reina estudio hasta el bachillerato, gracias al apoyo de sus padres se graduó en el 2009, tiene otros tres hermanos con quienes se ha crecido, se acompañó hace cuatro años, su esposo trabaja de motorista en la ciudad, y siempre está pendiente de la familia.
Reina siempre ha sido una mujer emprendedora, desde pequeña ayudaba a sus padres a vender pan en la comunidad y a los oficios del hogar.
Hace un año sus padres y hermanos la motivaron para que iniciara su propio negocio, su esposo la apoyo y también le dio $200 para poner una pequeña tienda en la comunidad, ya que solo hay una y está bastante retirada de la zona más poblada, fue así como emprendió su pequeño negocio donde ofrece a sus clientes productos de la canasta básica entre otros. Antes, trabajo por dos años en la construcción de la carretera que pasa por su comunidad y con ello ayudaba a sus padres y a su hija.
Solicita un crédito en credicampo para comprar una vitrina para tener más productos que ofrecer a sus clientes y un estante donde pondrá productos de la canasta básica, y comprara mercadería. Lo que le permitirá tener más productos que vender y por ende obtener mayores ingresos económicos para sacar adelante a su hija, y apoyar a su familia.
Reina sueña con apoyar a su hija para que salga adelante con los estudios y logre culminar una carrera en la universidad. Además, quiere incrementar su pequeño negocio para lo que planea ahorrar para adquirir productos de las ganancias que obtiene de la tienda.

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
  • 563
    View loans »
    El Salvador Loans Fundraising
  • $23,916,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $550 helped Reina De La Paz to buy a showcase so she can have more products to offer her customers and a shelf where she can put basic staples, and to buy merchandise.
61% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2014
Listed
Jun 22, 2014
Currency Exchange Loss:
N/A