However, noting that he does not have the economic resources needed for said investment he’s decided to request a loan since only in this way will he be able to continue with his farming project. Like all other farmers, he places his trust in agriculture because they have no other source of income and he wants to improve doing the best he can for his crops. He hopes to obtain an abundant harvest that will make it possible for him to continue providing daily bread for his home and to repay this loan.
More information about this loan
This loan is part of Apoyo Integral's program to help subsistence farmers located in high-risk regions of El Salvador, including coastal strips, river banks, and volcano fault lines. The program, which offers reduced interest rates, targets farmers who don't qualify for formal funding due to their low-income and geographical risk. By funding this loan, you are helping Apoyo and a local non-governmental organization extend risk-tolerant credit to even more farmers.
About Apoyo IntegralApoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.
Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.
About El Salvador
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Success!! The loan was 100% repaid