Antonio is requesting this loan to pay to harvest his crop of corn, and to start his own currency exchange business. He is currently an employee, and would like to go out on his own.
Antonio plans to continue working to increase his capital, which he hopes to use offer people employment in his business. He says that he wants to bring jobs to his community.
El préstamo que esta solicitando, es para utilizarlo para recolectar la cosecha de maíz y para independizarse en el negocio de cambio de monedas, ya que en este momento es empleado.
A futuro planea seguir trabajando y hacer crecer el capital, en el cual desea poner a trabajar personas en su negocio; ya que quiere generar fuentes de empleo en la comunidad.
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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