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Blanca Isolina

Update on Blanca Isolina

Blanca, age 60, was not able to go to school due to the few financial resources her family had. Also, in those times the schools were very far away. She is in a relationship, and her life partner has a bakery. She has four children, and they have their own households. Only a granddaughter, who goes to high school, lives in her Blanca’s house.

Blanca learned to make bread when she was very young. She has been working in the bakery business for 19 years. She decided on this business activity because she could not find another way of helping her family get ahead and of contributing to the household expenses. She and her husband set up their own bakery stand. She goes to the city to buy the supplies. She travels 34 kilometers and pays for transportation for the merchandise to get to her house. She works from 7:00 a.m. until 7:00 p.m.

She will use the loan to repair the vehicle, which she uses to sell the bread. The loan will improve her business because she will have the opportunity to satisfy the demand for bread. She dreams of increasing sales and having better income. She will use the income to be able to cover her necessities and those of her family.
View original language description ↓
Blanca de 60 años de edad, no pudo estudiar debido a los pocos recursos económicos de su familia y en aquellos tiempos las escuelas estaban muy lejos, está acompañada y su pareja tiene una panadería, tiene 4 hijos los cuales ya formaron sus propios hogares, en casa de Blanca solo vive una nieta que estudia bachillerato.

Blanca aprendió a hacer el pan desde que estaba muy joven, tiene 19 años de dedicarse a la panadería decidió hacer esa actividad porque no encontró otra forma de ayudar a su familia para salir adelante y colaborar en los gastos de la casa, con su esposo pusieron su propio puesto de panadería para la cual va a comprar los insumos a la ciudad, recorre 34 kilómetros y paga transporte para hacer llegar la mercadería hasta su casa, y trabaja en un horario de 7:00 AM a 7:00 PM.


El préstamo será invertido para la reparación de un vehículo en el que se sale a vender el pan, el préstamo mejorará su negocio porque tendrá la oportunidad de satisfacer la demanda de pan.

Ella sueña con aumentar las ventas y con eso tener mejores ingresos, con lo que podrá cubrir sus necesidades y las de su familia.

Previous Loan Details

Blanca, 59, did not go to school. She has been with her life partner for 38 years. He is a baker and farmer, and they have four children, who live in their own homes. Blanca's two grandchildren, ages 10 and 6, live with her and are in elementary school. Blanca learned bread making as a child.… More from Blanca Isolina'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
  • 462
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Blanca Isolina to repair the vehicle, which she uses to sell the bread.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2014
Listed
Jun 26, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014