The loan will be used to buy fertilizers that are absorbed through the leaves and to pay laborers to prepare the land. He hopes that his work will allow him to educate his children and to have the necessities for his newborn twin daughters.
Juan tiene 17 años de trabajar como agricultor, siembra hortalizas, aprendio trabajando con su padre, decidio trabajar de esta manera porque se dio cuenta que le daba mejores ingresos que su trabajo anterior, pues se trabajaba con el transporte público.
El préstamo sera utilizado para comprar fertilizantes foliares y para pagar mano de obra para preparar la tierra.
Espera que con su trabajo le pueda dar el studio a sus hijos y tener lo necesario para sus hijas gemelas recien nacidas.
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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