Check out some available loans that are similar to this one!
Miguel Ángel
45-year old Miguel is married and has five children aged 19, 17, 14, 12, and 9. He has earned his living for the last twenty years growing corn and beans; before that he was part of a group in the war.

The loan that Miguel is seeking from Fundación Campo is to buy banana plants and pay for a tractor which he will use to prepare the ground and plant 2,700 banana plants in 7,000 m2. They will be ready to harvest next year. Without this money Miguel will not be able to do this work as he doesn’t have enough money of his own. He is very eager to do this but needs the necessary financing so he will have an income to feed his family.

He plans to plant 14,000 m2, as the government provided him with a watering system which he has already had installed.
View original language description ↓
Miguel tiene 45 años de edad, esta casado y tiene cinco hijos de 19, 17, 14,12 y 9 años de edad respectivamente. Tiene 20 años de dedicarse a sembrar maíz y fríjol, antes era parte de un grupo de la guerra en el país.

El préstamo que esta solicitando a Fundación Campo, es para comprar semilla de plátano, pagar un tractor para que prepare el terreno y sembrar 2,700 plantas de plátano en 7,000 metros cuadrados para obtener la cosecha el próximo año. Sin el financiamiento don Miguel no podrá sembrar, ya que no dispone del dinero para hacerlo por su propia cuenta. Manifiesta que tiene unas ganas inmensas de trabajar; pero necesita el apoyo financiero para recibir ingresos para la alimentación de su familia. Él planea sembrar 14,000 metros cuadrados del terreno, aprovechando que el gobierno le regalo un sistema de regadillo por aspersión y ya lo tiene instalado.


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
  • 594
    View loans »
    El Salvador Loans Fundraising
  • $23,937,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Miguel Ángel buy banana plants and pay for a tractor to prepare the ground.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 17, 2013
Listed
May 21, 2013
Currency Exchange Loss:
N/A
Ended:
May 22, 2014