He is asking for the loan from Fundación Campo to buy seeds, fertilizers and herbicides to cultivate 7,000 square meters of corn and to pay the rent on the land. Only in this way will he have the money to continue cultivating his crops, as it would be a problem for him and for his family if they didn’t have the corn for food and to sell the other part to receive extra income.
His dream is to buy land to plant on, as he is currently renting it.
El préstamo que esta solicitando a Fundación Campo, es para comprar semilla, fertilizantes, herbicidas para cultivar 7,000 metros cuadrados de Maíz y para el pago del alquiler del terreno. Solo de esta forma, dispondrá del dinero para cultivar, y no dejar de hacerlo pues esto seria un problema para él y su familia ya que no tendrían el maíz para la alimentación y para vender otra parte y recibir unos ingresos extras.
Su sueño es comprar un terreno para sembrar; ya que el que actualmente lo alquila.
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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