Update on Juan AntonioJuan, 22, is a young man who has worked with his parents since he was young. He started with farming, which made him into the man that he is today. At 17 he changed to a different activity, working as a driver. Together with his boss, he transported wood from the border of Honduras to El Salvador. Little by little he gained experience and started to make his own trips as a heavy truck driver, transporting wood, gravel, iron, cinder block, bricks, etc.
He buys wood on the border of Honduras to sell at a good price here in El Salvador. He buys good wood that is mostly used to make doors (planks and boards). The loan he is requesting is to buy planks and boards to sell to carpenters who need good wood.
With the loan he will be able to buy the wood that he needs and thus earn a little bit of money at the same time as his profits allow him to pay back the loan. He has few economic resources and is dependent on the loan to continue working and improving his quality of life little by little. His desire is to have his own truck and be the boss of his own source of income.
Él compra madera en la frontera de Honduras, para venderlas a buen precio aquí en El Salvador; compra buena madera para hacer sobre todo puertas (tablas y cuartones). El préstamo que esta solicitando es para comprar tablas y cuartones, para venderlos a las personas que se dedican a la carpintería y que necesitan buena madera.
Con el financiamiento, podrá comprar la madera que necesita y así ganar un poco de dinero, al mismo tiempo que de sus ganancias cancelar el crédito. Él es una persona de escasos recursos económicos y por consiguiente tiene que depender del financiamiento para continuar trabajando y mejorar poco a poco su calidad de vida. Su deseo es adquirir su propio camión, ser el dueño de su propia fuente de ingresos.
Previous Loan DetailsJuan is a young man of 21 who is very determined, with many dreams to fulfill. He lives with his mother. He has had to work from a young age. At the age of eight he began to work in farming; his uncle taught him, since his parents were separated. Because of having to help his mother, he only ... More from Juan Antonio's previous loan »
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.
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