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Franklin Jehovany
Franklin, 20 years old, is a very respected and well-known person in the community. He grew up with his parents who instilled in him good principles and taught him the business of fast food sales, since that has been their line of work for most of his life.

After having finished his basic education in the community school, his parents decided that the best for him would be to begin to develop his own business instead of continuing with further education. From an early age, young Franklin showed an interest in cooking while he completed his school work and household chores. He is already a very dedicated and disciplined young man, and in this way he has gotten ahead and now he runs his own business selling fast food in his community.

Franklin has 5 years of experience making fast food; it is a line of work that he learned from his parents who have spent part of their lives doing this business that today has become their primary source of income. So, at age 15, he started working as a waiter in his father's business, and in a short time he learned everything necessary and believed that the kitchen no longer held any secrets for him, and in this way he began his own business with his parents' support.

Young Franklin's enterprising and passionate spirit has brought him to secure a loan that will be invested in the purchase of metal tables and a large display refrigerator, which will improve and expand his business and provide better service for his customers, which will improve his income and give him the earnings to meet his loan commitments.

His dreams and aspirations have carried him further than the rural life in which he is immersed, for this reason the goals that he has are to expand his business and set up a branch in the center of town, that has a delivery service, and among his projects will be to renew the loan to purchase a vehicle which will serve him to travel and give his employees mobility.
View original language description ↓
Frankin de 20 años de edad, es una persona muy respetada y conocida en la comunidad se ha creció con sus padres quienes le han inculcado buenos principios, y enseñado el negocio de venta de comida rápida, ya que es una actividad que han desempeñado la mayor parte de su vida.

Después de haber cursado sus estudios de educación básica en la escuela de su comunidad sus padres decidieron que lo mejor para él era que comenzara a desempeñarse en su propio negocio en lugar que continuara con sus estudios superiores. Desde temprana edad el joven Frankin mostraba su afición por la cocina mientas cumplía con sus tareas de la escuela y quehaceres en el hogar ya que es un joven muy dedicado y disciplinado, de esa manera ha salido adelante y ahora administra su propio negocio de venta de comida rápida en su comunidad.

Franklin tiene una experiencia de 5 años en elaboración de comida rápida, es una actividad que ha aprendido de sus padres que han dedicado parte de su vida a realizar este negocio que hoy se ha convertido en su principal fuente de ingresos, así fue que a la edad de 15 años entra como mesero en el negocio de su padre, en poco tiempo aprendió todo lo necesario y creyó que la cocina ya no tenía secretos para él y fue así como inicio su propio negocio con el apoyo de sus padres.

El espíritu emprendedor y apasionado del joven Franklin lo han llevado a adquirir un financiamiento que será invertido en compra de mesas metálicas y una cámara refrigerante, lo que vendrá a mejorar y ampliar su negocio y dar un mejor servicio a sus clientes lo que mejorara sus ingresos y le dará una ganancia para cumplir con sus compromisos crediticios.

Sus sueños y aspiraciones lo han llevado más allá de la vida rural en la cual se encontraba inmerso, por esa razón las metas que tiene son las de ampliar su negocio y montar una sucursal en el centro del pueblo, que cuente con el servicio a domicilio, y entre sus proyectos está el de renovar el financiamiento para la compra de un vehículo el cual le sirva para viajar y dar movilidad a sus empleados.




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.

Tags

About El Salvador

  • $7,500
    Average annual income
  • 711
    View loans »
    El Salvador Loans Fundraising
  • $26,086,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Franklin Jehovany to purchase metal tables and a large display refrigerator, which will improve and expand his business to provide better service for his customers.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2014
Listed
Jul 12, 2014
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2015