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German
German, 37, has a spouse and five children. He’s been working in agriculture for 17 years; his parents taught him. He used to just be a student. To buy supplies he must travel to the city and it takes him about two hours so because of that he must rise very early.

The loan he’s asking Fundación Campo for is to buy manure, fertilizer, pesticide and herbicide as well as to pay labor costs to grow 14,000 square meters of jute. With this investment he hopes the jute harvest will be very good and to sell it at a high price so that the income will help him cover household expenses and to be able to provide schooling for his five children.
View original language description ↓
German tiene 37 años de edad, esta acompañado y tiene cinco hijos. Tiene 17 años de trabajar en l agricultura; fueron sus padres quienes le enseñaron. Antes solo se dedicaba a estudiar. Para comprar los insumos tiene que viajar a la ciudad y tarda unas dos horas, debido a ello debe de levantarse muy temprano.

El préstamo que esta solicitando a Fundación Campo, es para comprar abono, fertilizantes, pesticidas, herbicidas y pago del rastreo de la tierra para cultivar 14,000 metros cuadrados de yute. Con la inversión, espera que la producción de yute sea muy buena y venderla a precio alto, para que los ingresos le ayuden a cubrir con los gastos de su hogar y para brindar la educación a sus cinco hijos.

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
  • 636
    View loans »
    El Salvador Loans Fundraising
  • $22,066,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped German to buy farm supplies and to pay labor costs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 14, 2013
Listed
May 29, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014