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Erasmo
Erasmo is 62 years old and married. His wife is a housewife, he is a farmer. They have two children who no longer live with them as they now have their own families. Erasmo lives with his wife and a nephew who they take care of, as his parents are out of the country. He grows corn, beans and vegetables. In the morning he works in other people's fields and in the afternoon he takes care of his own. He learned his trade from his father, who since he was young taught him about working the land so that when he grew up, he could do this well. This would give him a source of income to pay off his family obligations and credits. The place where he works is 50 minutes walk from his house so he has to get up very early in the morning to accomplish everything he should do.

Erasmo will use the loan to buy fertilizer and herbicides for his crops, as neighboring crops have been invaded by infestations. He doesn't want his crops damaged. Also he will pay people to help him work on his crops as he plants 10,500 square meters of corn, 3,500 of corn and 3,500 of vegetables such as tomatoes, green beans, chilies, and cucumbers.

Erasmo's idea is to increase the amount of products he sells as well as reduce the cost of producing them and the transportation costs. In the future he would like to farm more land and receive a higher margin of profit from his products. He would like to see that his efforts are rewarded, his harvests abundant and that his grandchildren learn his trade. This can provide them a way to earn their living when they have their own families.
View original language description ↓
Don Erasmo de 62 años de edad, esta casado, la esposa se dedica a realizar los oficios del hogar mientras él se dedica a trabajar en la agricultura, tiene dos hijos pero ya no viven con él ya formaron sus familias. Don Erasmo, en la casa solo vive junto a su esposa y un sobrino ya que ellos lo tienen a su cargo, porque sus padres están en otro país.

Sus cultivos son de maíz, frijol y hortalizas, trabaja por la mañana en lo ajeno y en las tardes trabaja lo propio de él; aprendió este oficio de su padre quien desde que era un niño le comenzó a ir inculcando el trabajo del campo para que cuando creciera pudiera desempeñarlo de una excelente manera y tener una fuente de ingresos con la cual podría hacerle frente a los compromisos familiares así como crediticios. El lugar donde trabaja esta ubicado a 50 minutos a pie de su casa así que tiene que madrugar todos los días para salir con todos los trabajos que se propone realizar.

Con el crédito comprara abonos y herbicidas para sus cultivos ya que hay plagas que han llegado a los cultivos vecinos y no quiere que se le dañe la cosecha, también el pagara mano de obra a las personas que le apoyen a cultivar la tierra; ya que sembrara 10,500 metros cuadrados de maíz, 3,500 de frijol y 3,500 de hortalizas entre la variedad están: Tomate, ejote, chile, pepino; su idea es mejora con la venta de estos productos así como también será un poco mas bajo el costo de compra y su traslado.

En un futuro, desea cultivar mas tierra y disponer de un mayor margen de ganancias con la venta de los productos, desea que sus esfuerzos sean satisfactorios y que la cosecha sea abundante, que sus nietos puedan aprender estos oficios que realiza, ya que estos les puede generar un ingresos cuando ellas formen su propia familia.

Additional Information

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 CrediCampo

This 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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 697
    View loans »
    El Salvador Loans Fundraising
  • $25,086,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Erasmo to buy fertilizer, herbicide, and pay workers to help grow his corn, bean and vegetable crops.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 16, 2013
Listed
Aug 28, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014