Juan will use the loan to buy fertilizer, herbicides and insecticides to plant 7,000 square meters of beans and to pay for the labor required. In the future Juan wants to expand his house so his large family can live more comfortably.
Juan de 40 años de edad, es casado, tiene 7 hijos de 2,5,8,13, 16, 18 y 20 años de edad; cuatro de ellos estudian y 2 trabajan, el mayor no vive con ellos. En la casa conviven 8 personas y todas dependen de Juan.
Juan tiene 10 años de trabajar como albañil, también es agricultor, ambos oficios los aprendió de su padre, con quien trabajo desde los 12 años de edad.
El préstamo sera utilizado para comprar fertilizantes, herbicidas e insecticidas para sembrar 7, 000 mts. Cuadrados de frijol y pagar la mano de obra requerida.
En un futuro Juan tiene pensado ampliar su vivienda, para que su amplia familia pueda vivir cómodamente.
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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