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Fausto
Fausto, 49, is married and has three daughters, ages 16, 18, and 20. He is very well-known in his community, which is located in the hills far from the city. For years, he worked alongside his father on the farm and in the blacksmith shop (making curved knives, machetes, and bars, among others). He started making these tools, which farmers use to work the land, at the age of 14. At the beginning, they worked along with three other people; now there are two. He also works in agriculture, farming 10,500 square meters of corn. At the age of 19, Fausto emigrated to the United States to work in construction. He returned to his country at the age of 23. Later, he once again moved abroad and returned when he was 27. By then, he had already bought a plot of land and built his house.

He wakes up at 3:00 a.m. to make sixteen curved knives before 9:00 a.m. Afterwards, he moves to the farm where he plants his crops in order to prepare the land. He buys iron and coal, the raw materials with which he makes knives and machetes, every 22 days in town, depending on the demand. He pays for transport to make these purchases. The process is the same when he buys farm supplies.

He is applying for a loan from Fundación Campo to buy fertilizer and to pay for workers to clear the land where he will cultivate 10,500 meters of corn. He will use the rest to buy iron and coal to make curved knives and machetes, because they are currently in great demand. With this investment, he will be able to obtain a good harvest which will help him to feed his family. By making more curved knives and machetes, he will receive greater earnings. He sells them in his house, and he sometimes goes out to make sales in the town plaza. He would like to improve his home and give his children an education, because he only studied up until the fifth grade.
View original language description ↓
Fausto tiene 49 años de edad, esta casado y tiene tres hijas de 20, 18 y 16 años de edad respectivamente. Él es una persona muy conocida en la comunidad, que esta ubicada en unos cerros lejos de la ciudad. Durante años trabajo junto a su padre en labores agrícolas y en la herrería (fabricación de Cumas, machetes, barras, entre otros). Empezó a los 14 años de edad a fabricar estas herramientas que utiliza la gente campesina para trabajar la tierra. En un inicio el trabajo lo hacían junto a tres personas; hoy en día lo hace entre dos. También, trabaja en la agricultura, siembra 10,500 metros cuadrados de maíz. A los 19 años don Fausto emigro a los Estados Unidos a trabajar en la construcción, regreso al país a los 23 años de edad, posteriormente se volvió a ir para el extranjero y regreso a los 27 años de edad, para entonces ya había comprado un terreno y construido su casa.

Se levanta a las 3:00 a.m. a fabricar 16 Cumas hasta las 9:00 a.m., luego se traslada al terreno en donde cultiva a preparar la tierra. El hierro y el carbón, que es la materia prima para fabricar las cumas y machetes las adquiere en el pueblo cada 22 días según sea la demanda y paga transporte para efectuar las compras, este proceso es igual para comprar los insumos agrícolas.

El préstamo que esta solicitando a Fundación Campo, es para comprar abono, pago de mano de obra para limpiar el terreno en donde cultivara 10,500 metros cuadrados de maíz y el resto lo utilizara para comprar hierro y carbón para fabricar las cumas y machetes, ya que ene este momento tiene gran demanda. Con la inversión podrá obtener una cosecha buena que le servirá para la alimentación de su familia y al fabricar más cumas y machetes recibirá más ingresos, estas las vende en su casa y a veces las sale a vender a la plaza del pueblo. Él desea mejorar su casa y brindar el estudio a sus hijas, ya que él solo estudio hasta el quinto grado.


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
  • 432
    View loans »
    El Salvador Loans Fundraising
  • $22,832,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Fausto to buy fertilizer, to pay workers to clear the land where he will cultivate 10,500 square meters of corn, and to buy iron and coal to make curved knives and machetes, as they are currently in great demand.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 20, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014