When his crops are ready he stores them in the bins that are shown in the photo, so that later he can go and sell them in the markets where staple grains are bought and sold.
With the earnings he gets from his sales, he manages to pay his household expenses. Santiago is requesting a loan so that he can buy the supplies he needs, such as fertilizers, herbicides, manures, and other things, so that he can have a good harvests and this way obtain better profits, in order to provide his family with better financial stability.
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.
About El Salvador
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Success!! The loan was 100% repaid