Funded

Total loan: $1,000

Manuel De Jesus

Agencia San Vicente, El Salvador / Food Production/Sales

A loan helped to purchase corn, sugar, rice, chicken, seasonings, and vegetables.

Manuel De Jesus's story

Manuel is 25 years old, studied through secondary school, is single, and lives with his mother.

Manuel has worked making and selling food for 3 years and learned the trade thanks to his mother's instruction. His work schedule is from 9:30 am to 5:30 pm. In addition, he works at a restaurant.

He needs the loan to purchase corn, sugar, rice, chicken, seasonings, vegetables, and other ingredients for his business making and selling food.

Manuel dreams of expanding his business and having his own house.

Translated from Spanish by Kiva volunteer Wendy H. View original language description.

Manuel, tiene 25 años de edad, estudió hasta bachillerato, está soltero y vive con su madre.

Manuel, se dedica a la elaboración y venta de comida desde hace 3 años y aprendió el oficio gracias a las enseñanzas de su madre. Su horario laboral es de 9:30 am a 5:30 pm. Además es empleado en un restaurante.

Él necesita el préstamo para comprar maiz, azúcar, arroz, pollo, condimentos, verduras, entre otros ingredientes para su negocio de elaboración y venta de comida.

Manuel, sueña con agrandar su negocio y tener una vivienda propia.

This loan is special because:

It provides business training to young, unemployed individuals hoping to start a business.

More 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.