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.
A loan of $1,500 helped this borrower purchase work equipment such as: polisher, spoons, drill, hammer, and water measurers. He will also use the loan to pay of a $601.63 debt that he acquired from a bank and he believes the interest rate is too high.