The loan he is asking for from Fundación Campo is to buy fertilizer, seeds, pesticide and herbicide to plant 7,000 square meters and pay to rent the land. With the harvest, he will have good income to support his mother and himself. He plans on buying some land to build his house and give his mother a better quality of life.
El préstamo que esta solicitando a Fundación Campo, es para comprar abono, semilla, pesticidas y herbicidas, para sembrar 7,000 metros cuadrados de maíz y para pagar el alquiler de la tierra. Con la cosecha, poseerá un buen ingreso para el sustento de su madre y de él. Planea comprar un terreno para hacer su casa y poder darle una mejor calidad de vida a su madre
More information about this loan
This loan is part of a project to help young men and women in El Salvador (under age 26) launch their own businesses. The field partner is reducing the guarantee for these individuals, who normally would not have access to loans due to their lack of experience. Unemployment for young people is high in El Salvador, a fact that motivates many of them to leave the country instead of searching for work. Aside from access to financing, clients will also be grouped together according to their business types to receive training from CrediCampo's social development unit, and to share advice and support with one another.
About CrediCampoThis 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.
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Success!! The loan was 100% repaid