When his crop is ready, he stores it in the silos that you can see in the photo. Subsequently, he sells it and the earnings he makes from the sale enable him to provide for his family. He has gotten bills arise every day and has been able to pay them all.
Domingo is requesting a loan in order to buy agricultural supplies such as seeds, fertilisers and manure, and other tools. He will then have what he needs to continue to harvest his crops, as this is his only source of work. In this way he can improve his income and so give his family everything they need.
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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Success!! The loan was 100% repaid