The loan he’s asking for is to buy 8 sacks of manure among other farm supplies to plant 14,000 square meters of corn and 14,000 square meters of summer sorghum. It’s very difficult for him to go to the city to buy small amounts of supplies so if the loan is approved he will be able to buy everything in one trip which will save time and money. By having all the supplies at home, he will be able to provide his corn field with care in a timely fashion which will lead to increased production and income to repay his loan and to feed his family. He plans to work hard and to save money to buy a small lot to build a house to live in with his family since they currently live in a house made of mud and twigs.
Para comprar los insumos aborda un autobús en su comunidad, en el cual viaja durante 20 minutos hasta la ciudad mas cercana.
El préstamo que esta solicitando es para comprar 8 sacos de abono para sembrar 14,000 metros cuadrados maíz y 14,000 metros cuadrados de maicillo de verano, entre otros insumos para su cultivo. A él se le dificulta mucho salir a la ciudad a comprar sus insumos por poquitos, por lo que si se le aprueba el crédito comprara todo de un solo viaje, lo que le ahorrara tiempo y dinero. Al tener todos sus insumos en casa, podrá dar un manejo a tiempo a su milpa, lo que vendrá a incrementar su producción y sus ingresos, para pagar su crédito y alimentar a su familia.
Planea trabajar duro y ahorrar dinero para comprar un despacito de tierra y hacer una casa para vivir con su familia, ya que actualmente viven en una casa de bahareque.
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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