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María
40-year old María only has a grade 1 education and has already forgotten what she was taught. However, she can do sums and sign her name. She earns her living making bed mats with help from her two daughters. Her sons and husband work on the land growing maize and beans. They also make baskets and bed mats and sell them in distant markets. María and her family have been making bed mats and baskets since they were young, a skill they learned from their parents. In the area they live, most people earn their living this way.

The loan that María is seeking from CrediCampo is to buy three bags of maize because it stopped raining for over a month and they lost their maize crop. At the moment a bag of maize costs $56, but it may cost much more in the future because of the failed harvest. For this reason she is trying to avoid the problem. María also wishes to buy nine bundles of reeds to make bed mats and bamboo for the baskets.

Her dream is to see one of her sons continue his education and get a good job so that in the future he can buy a vehicle to take the merchandise to market. At the moment her husband has to pay for transportation of the mats and baskets.
View original language description ↓
María de 40 años de edad, solo asistió a primer grado, pero ya se le olvido lo que le enseñaron, aunque puede sacar cuentas y firmar, ella se dedica a la elaboración de petates con sus dos hijas, mientras que los hijos varones y su esposo se dedican a la agricultura, (siembra de maíz, frijol), elaboración de canastos y venta de petates, canastos en los pueblos lejanos, ella y su familia desde pequeños han aprendido a elaborar petates y canastos, pues en el lugar son los trabajos que realiza la mayoría de personas, son heredado de sus padres.

El préstamo que esta solicitando a CREDICAMPO, es para comprar 3 sacos de maíz, pues en el país paro de llover por más de un mes y los cultivos de maíz se perdieron y el saco de maíz esta por el momento a $56 y se cree que por las perdidas a futuro habrá un aumento muy considerable, por lo que pretende prevenirse, también comprara 9 maletas de tule para la elaboración de petates y varas de bamboo para hacer canastos.

Ella sueña con que uno de sus hijos el que estudia, sea profesional y a futuro comprar un carro, para trasladar la mercadería, pues cuando el esposo la saca a vender les toca pagar un vehículo.

Additional Information

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 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

  • $4,900
    Average annual income
  • 469
    View loans »
    El Salvador Loans Fundraising
  • $23,127,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $700 helped María buy three bags of maize, nine bundles of reeds, and bamboo to make bed mats and baskets.
63% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2014
Listed
Aug 8, 2014
Currency Exchange Loss:
N/A