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Lázaro

Update on Lázaro

Lázaro is 21 years old, married and has a son. He has been working in agriculture since he was very young, together with his father. As a teenager, he worked as a day laborer in a nearby farm. Thanks to his and his parents’ hard work, he was able to study up to the ninth grade, but due to the economic situation he had to quit school and work on his own. He then got married. He has always worked in agriculture, but he has also worked as a taxi driver in the same region.

He buys the agricultural supplies he needs in a city located 2 km [1.2 miles] from his house. He has to pay for the delivery. His father, with whom he works, helps him to bring them to the piece of land where they work.

Lázaro is requesting a loan to Fundación Campo to buy agricultural supplies, such as fertilizer and compost and to pay for the labor needed to prepare the soil. He will sow corn in a 7,000 m2 [1.7 acres] piece of land. The profits will result in an increase of his family’s income.

In the future, he plans to buy an auto rickshaw with the intention to improve his family’s income.
View original language description ↓
Lázaro tiene 21 años de edad, es casado y tiene un hijo. Desde muy joven se ha dedicado a la agricultura y a la crianza de ganado en compañía de su padre, siempre en su adolescencia se empeño a trabajar como jornalero en una hacienda cercana con mucho esfuerzo y trabajo de él y sus padres logro sacar su 9º grado y por la condición económica tuvo que retirarse y trabajar por su cuenta luego se acompaño siempre trabajaba la agricultura y también se dedico a trabajar en un moto taxi ruleteando en la misma zona.

Los insumos agrícolas, los compra en una ciudad a 2 kilómetros de su casa; luego tiene que pagar para que se lo lleven para su casa; posteriormente su padre con quien trabaja le ayuda a trasladarlo a donde trabajan.

El préstamo que esta solicitando a Fundación campo, es para comprar insumos agrícolas: como lo son fertilizantes, abonos, preparación de la tierra y el pago de mano de obra, para cultivar 7,000 metros cuadrados de maíz. Con los resultados obtenidos de la producción se tendrá mejores ingresos para él y su familia


Para un futuro piensa comprar una moto taxi; ya que con ello incrementaran los ingresos para él y su familia.



Previous Loan Details

Lázaro is 20, married, and has a son. From an early age, he farmed and raised livestock with his father. He spent some years tending animals for others as a day laborer. He was able to finish ninth grade after much effort and dedication but was unable to continue his studies because of his family's… More from Lázaro's previous loan »

Additional Information

More information about this loan

This loan is part of a CrediCampo project to help rural farmers living in extreme poverty plant basic grains to feed their families. Excess product is sold on the local market. These loans are smaller than the typical loans offered by this field partner, and guarantee requirements are also reduced. Individuals who receive this type of loan also get access to technical assistance, information on good environmental practices and increased access to farm inputs like fertilizer. This is considered a high risk loan due to the population and loan purpose, and CrediCampo is one of the very few institutions in El Salvador willing to working with these farmers.

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About El Salvador

  • $4,900
    Average annual income
  • 458
    View loans »
    El Salvador Loans Fundraising
  • $22,757,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Lázaro to buy supplies such as fertilizer and compost and to pay for the labor needed to prepare 7,000 m2 of land to sow corn.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
N/A
Ended:
May 22, 2014