Check out some available loans that are similar to this one!
Desiderio
Desiderio is 61 years old. He is married and has two children. He is full of energy and eagerness to work. He has forty years of farming experience and he grows mostly corn and yuca. He learned the trade from his parents, since that was all they knew how to do. He never went to school, because farming and tending to the livestock were the priority.

He boards a bus in his community and travels thirty minutes until he arrives at the city, where he purchases the products he needs, and later goes back home. The loan he is requesting is to purchase five sacks of fertilizer, which cost $58 each, a gallon of gramoxone, which costs $19, and other supplies for farming 1.7 acres of yuca and 1.7 acres of corn. He will use the investment to purchase all the supplies at once, so that he can get a lower price. This will allow him to obtain a good harvest and enough income so that he can pay off his loan on time.

Desiderio intends to keep working hard so that he can save up and purchase two milk cows, in order to obtain extra income and feed his family.
View original language description ↓
El señor Desiderio tiene 61 años de edad, es casado y tiene dos hijos. Él tiene una energía y ganas de trabajar muy grandes. Cuenta con 40 años de dedicarse a la agricultura y lo que más cultiva es maíz y yuca. Esta labor la aprendió de sus padres, pues era lo único que sabían hacer. Él nunca asistió a la escuela ya que la primordial era realizar las labores agrícolas y al cuido del ganado.

Él aborda un autobús en su comunidad en el cual viaja durante treinta minutos hasta llegar a la ciudad, en donde compra los productos que necesita y posteriormente se regresa a su casa.

El préstamo que esta solicitando es para comprar 5 sacos de fertilizantes que cuesta $58 cada uno, un galón de gramoxone que cuesta $19, entre otros insumos más para cultivar 7,000 metros cuadrados de yuca y 7,000 metros cuadrados de maíz. Con la inversión comprara todos los insumos de una sola vez, para conseguir un precio más bajo.

Permitiéndole obtener una buena cosecha e ingresos para cancelar puntualmente el préstamo. Desiderio pretende seguir trabajando fuertemente para ahorrar y comprar unas dos vacas lecheras, a fin de obtener otros ingresos y la alimentación de su familia.

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

  • $4,900
    Average annual income
  • 652
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Desiderio to purchase fertilizer, gramoxone, and other supplies to grow yuca and corn.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 18, 2012
Listed
Jul 25, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013