He states that he will buy 4 quintals of fertilizer, two quintals of feed concentrate to feed 1,000 fish and the rest of the loan will be invested in the small store he has. With this investment he hopes to see a good crop, that is, to provide it with all the care and maintenance needed and to feed his fish well in order to improve because he’ll get a better harvest and thus earn higher income. Besides, he’ll get his fish production to market sooner which will make it possible for him to meet all his demands at home.
He plans to enlarge the fish tanks and fill them with more fish so they will reproduce to earn higher profits.
El cliente manifiesta que comprara 4 quintales de fertilizante, dos quintales de concentrado para alimentar a 1,000 peces y el resto del financiamiento lo invertirá en la pequeña tienda que posee. Con la inversión, desea ver un buen cultivo es decir proporcionarle todo el manejo y mantenimiento que requiere y alimentar bien sus peses, para mejorar porque sacara una mayor producción, y obtendrá así más ingresos, además sacara más rápido, al mercado su producción de peses lo que le permitirá cumplir todas las demandas de su hogar.
Planea ampliar sus peceras, es decir sus estanques, y meterles mas peses para que se reproduzcan y obtener así más rentabilidad.
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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