Flor De Maria
Update on Flor De MariaFlor is 31 years old, and has a partner and two children, with whom she lives. They work with carpentry.
The loan she is requesting from Fundación Campo is to buy wood and two brushes, as the ones she had were old. With this investment, they will have the raw materials to make orders as quickly as possible and please their customers. Through this, they will make enough money to cover their household and children's school expenses and buy more livestock.
El préstamo que esta solicitando a Fundación Campo, es para comprar madera y dos cepillos para alisar la madera, debido a que se molesto el que tenía. Con la inversión, dispondrán de materia prima para elaborar unos pedidos lo más rápido posible, y satisfacer a sus clientes. Para recibir los ingresos que le ayuden a cubrir los gastos de hogar y del estudio de sus hijos y para comprar más ganado.
Previous Loan DetailsFlor is 31 years old, married, and has two children. She has worked raising and breeding livestock for ten years, and her husband has recently started a carpentry business. They purchase the materials in a city about 25 kilometers from their house. Flor is requesting this loan from Fundación... More from Flor De Maria'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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Success!! The loan was 100% repaid