The loan he is asking for is to buy fertilizer so that his crop will grow well and have a good harvest. His work in the motor cycle taxi is extra income for his home, but it isn't enough to invest it in farming. The need is great since he doesn't have the necessary income to invest in planting and it is work that brings in good income. His objective is to buy another motorcycle taxi, plant more on his land, and improve the quality of life of his family.
El préstamo que esta solicitando, es para comprar abonos y fertilizantes para que su cultivo crezca bien y tenga una buena cosecha; ya que el trabajo en la mototaxi es un ingreso extra para su hogar, pero no le alcanza para invertirlo en la agricultura. La necesidad es grande ya que no dispone del dinero necesario para invertirlo en la siembra y es un trabajo del cual obtiene buenos ingresos. Su propósito es, comprar más mototaxi, sembrar más cantidad de terreno y mejorar la calidad de vida de su familia.
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 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