Miguel lives in a rural zone where agriculture is the principal economic activity. He lives with his wife and children. He sows beans and corn, two of the most commonly sold grains in this country as they form part of the average diet.
This business allows him to support his family. For this reason he is asking INTEGRAL for a loan, with the hope of obtaining the money necessary to buy beans and corn in bulk.
With this Miguel hopes to sow many more seeds and obtain a larger income than previously. He also hopes to buy manure and other basic supplies for the crops, which will help him to improve his harvest.
More information about this loan
This loan is part of Apoyo Integral's program to help subsistence farmers located in high-risk regions of El Salvador, including coastal strips, river banks, and volcano fault lines. The program, which offers reduced interest rates, targets farmers who don't qualify for formal funding due to their low-income and geographical risk. By funding this loan, you are helping Apoyo and a local non-governmental organization extend risk-tolerant credit to even more farmers.
About Apoyo IntegralApoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.
Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.
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