Check out some available loans that are similar to this one!
Héctor
Mr. Hector is 51 years old. He comes from a family of limited financial resources, and because of that has worked in agriculture from the age of 12. As a result, he could not study in school, because as the older brother, had to work to help with the household expenses. There were 8 children at home and he cared for his siblings and worked very hard to not missing anything. He helped all his siblings to study through sixth grade and this is how Don Hector has acquired extensive experience in his work. To buy all agricultural materials, Hector runs half an hour's walk to the main diversion to await the bus that takes him to the city, about forty-five minutes away. Then he is back on the bus with the materials and then he pays a vehicle to take him home because the bus does not come to his house. The loan his is requesting to the Fundación Campo, is to buy improved seed, fertilizer, and to rent the land where he will cultivate. With the investment will produce corn, which is essential for him and his family’s survival, and will sell when the price is good. This will enable him to profit from his production. He wants to save for some repairs to his house, because it has deteriorated wooden scantlings, broken tiles, etc..
View original language description ↓
El señor Héctor tiene 51 años de edad. Él proviene de una familia de escasos recursos económicos, debido a eso desde los 12 años de edad trabaja en la agricultura. Por esa razón no pudo estudiar en la escuela, porque como hermano mayor tenia que trabajar para ayudar a los gastos de la casa, pues eran 8 hijos en el hogar y él se preocupaba por sus hermanos y trabajaba muy fuerte para que no les faltara nada. Ayudo a todos sus hermanos para que estudiaran hasta el sexto grado y es así como don Héctor ha adquirido una gran experiencia en su trabajo.

Para comprar todos sus insumos agrícolas, el señor Héctor recorre media hora de camino a pie hasta el desvió principal, para esperar el autobús que lo conducirá hasta la ciudad que esta a unos cuarenta y cinco minutos. Luego se regresa en el mismo autobús con los materiales hasta el desvió donde abordo el autobús, después él paga un vehiculo para que se los lleven hasta su casa, ya que el autobús no llega hasta su casa.

El préstamo que esta solicitando a Fundacion Campo, es para comprar semilla mejorada, abono, fertilizantes y para pago del alquiler del terreno donde cultivara. Con la inversión podrá producir maíz, el cual es indispensable para sobrevivir él y su familia y lo venderá cuando el precio este bueno y le permita obtener ganancias de su producción.

Él desea ahorrar para realizarle unos arreglos a su casa donde vive, debido a que tiene cuartones de madera deteriorados, tejas quebradas, etc.

Additional Information

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.

About El Salvador

  • $7,500
    Average annual income
  • 819
    View loans »
    El Salvador Loans Fundraising
  • $25,698,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,200 helped Héctor to buy improved seed, fertilizer, and to rent the land where he cultivates.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 28, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
N/A
Expired:
Jul 7, 2012