Franklin works in his father's maize field and he also works for small wages for other people in the region. They pay him 40 dollars every two weeks, which works out to about $2.66 dollars per day. He doesn't own his own land to cultivate, and so he needs to rent the land. Even with all of these limitations, he has not lost sight of his dream of improving the living conditions of his family.
With the little money that he earns in wages, and with his savings from the sale of surplus items from his harvest, he was able to buy a cow, which has given him three more and he now has four cows. This has motivated him to improve his family's situation by breeding and fattening cows.
He buys his supplies and materials about 7 kilometers from his home, but he has to pay to transfer the items by truck. He has a wagon but does not have any ox to pull it.
The loan that he is seeking from Fundacion Campo is so that he can purchase three calves and breed them, fatten them up, and in the future sell them to turn a profit. He is taking advantage of the rainy season because there is an abundance of grass, which makes it easier to take care of and fatten up the calves for a future sale.
This loan will give him alternatives to making an income, to carry out his agricultural activities, and permit him to improve his access to basic services.
His dream is to have his own land, cultivate it, and make money so that he can provide for the basic needs of his family.
Franklin trabaja su milpa y trabaja como jornal para otras personas de la zona, que le pagan $40 dólares la quincena, que serian como $2.66 dólares diarios; no posee terreno para cultivar, tiene que alquilar para cultivar. Aun con todas estas limitantes el joven no pierde los deseos de mejorar sus condiciones de vida y el y de su familia.
Con lo poco que gana como jornal y algunos ahorros de ingresos por venta de excedentes de cosecha, pudo comprar una vaca, la cual le ha dado 3 mas, a la fecha ya cuenta con 4 vacas, lo cual lo ha motivado a poder mejorar a través de la crianza y engorde de ganado.
Compra sus insumos y materiales cerca de donde vive a 7 kilómetros; pero tiene que pagar el traslado de estos en camión. Él tiene una carreta pero todavía no tiene bueyes para tirar de ella.
El préstamo que esta solicitando a Fundación Campo, es para comprar 3 terneros para criarlos y engordarlos y en un futuro venderlos obteniendo un margen de ganancia. Aprovechara la época lluviosa, por que hay abundancia de pasto y es mas fácil mantener y engordar el ganado para su futura venta.
El préstamo le ayudara a tener alternativas para la obtención de ingresos para llevar a cabo su actividad productiva, permitiéndole mejorar su acceso a los servicios básicos.
Su deseo es poseer su terreno propio, para cultivar y repastar ganado, que le permitan satisfacer las necesidades básicas de su familia.
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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