Check out some available loans that are similar to this one!
Prudencio
Prudencio is 51 years old. He lives with his partner and his three children. He was married but had problems with his wife, so they separated and he started to live with his current partner and his three children from his previous marriage. He has been a farmer since his youth, as he learnt the work with his father. He says that he is happy with the work he carries out.

He buys his agricultural supplies in the closest city which is eight kilometres away. He walks 30 minutes to get to where there are vehicles and buses. He takes one which takes about 15 minutes to arrive to where he buys everything he needs. Then, once he has acquired everything, he has to carry it all himself to his house.

The loan he is requesting from Fundación Campo is to pay hired labour to cut 7,000 square metres of corn, to pay for the hire of a machine to grind hay and to make the silage to feed two cows, and to clear the terrain on order to sow beans. With this investment Prudencio states he will avoid having to buy feed for his cows in the dry season, he will sow greater quantities of product, he will be able to feed his family and he will sell a part in order to receive income for the household.
View original language description ↓
Don Prudencio tiene 51 años de edad, vive con su compañera de vida y tres hijos. Él estaba casado; pero tubo problemas con su esposa, por lo que se separo de ella y se volvió a acompañar con otra señora y los tres hijos que procreo con la primera. Es agricultor desde su juventud, aprendió el trabajo junto con su padre. Él dice que se siente alegre con el trabajo que desempeña.

Compra los insumos agrícolas en la ciudad más cercana que esta a ocho kilómetros de distancia, camina treinta minutos para llegar al punto de vehículos y autobuses, aborda uno de ellos que tarda unos quince minutos hasta llegar al lugar donde compra todo lo que necesita; después de adquirir todo lo que necesita tiene que cargarlos él mismo hasta su casa.

El préstamo que esta solicitando a Fundación Campo, es para pago de mano de obra para cortar 7,000 metros cuadrados de maíz, pagar el alquiler de una maquina para moler zacate y hacer el ensilaje para alimentar dos vacas y limpiar el terreno para sembrar fríjol. Con la inversión, manifiesta don Prudencio que se evitara comprar concentrado para sus vacas en época seca, sembrara más cantidad de producto, debido a que con sus propios recursos no lo podría hacer. Con la producción de maíz que es la más próxima a recibir, podrá asegurar la alimentación de su familia y comercializara una parte recibiendo ingresos para su hogar.

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
  • 530
    View loans »
    El Salvador Loans Fundraising
  • $23,480,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Prudencio to pay hired labour to cut 7,000 square metres of corn, to pay for the hire of a machine to grind hay and to make the silage to feed two cows, and to clear the terrain on order to sow beans.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013