Reina De La Paz
Gotera, El Salvador Agriculture | Farming
Update on Reina De La Paz
Reina is 30 years old, studied until high school and is in a common-law-marriage. Her partner makes a living farming. She has three children, of whom only two are at school. Reina also lives with her parents.
Reina worked cooking food for the students at her community’s school for more than 6 years, but now she is responsible for the school chalet and sells all types of products for the students. Additionally, in wintertime she works carrying out crop farming.
She needs this loan in order to buy 3 quintals of fertiliser, 2 quintals of sulphate and weed-killer for good crop management. She hopes to increase crop production and obtain good harvests.
Previous Loan Details
Reina is 29 years old, and is studying in her 3rd year of a bachelor’s degree. She is currently married, and her husband works in agriculture. She has three children, and only two of them are in school. Also, Reina lives with her parents. Reina earns a living cooking food for the students at h… More from Reina De La Paz’s previous loan »
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.
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.
A loan of $450 helps Reina De La Paz to buy 3 quintals of fertiliser, 2 quintals of sulphate and weed-killer for good crop management.