He has several years of experience in growing corn and selling sweet corn. From growing corn, José also takes advantage of the leftovers to feed himself and his cattle. He will invest this loan in purchasing ears of sweet corn which he will later sell, and in cultivating 32 hectares of corn by purchasing fertilizer, seed, and labor.
He wants to expand his purchase and sales of sweet corn in order to learn a little more income. The loan will help him to grow corn and be able to sell sweet corn.
Él ya tiene varios años de trabajar en el cultivo del maíz y en la comercialización del elote. Del cultivo del maíz José aprovecha el sacate que le queda para darle alimentación y cuido al ganado que él tiene. Él estará invirtiendo el préstamo, en la compra de redes de elote para después comercializarlo y también lo invertir en el cultivo de 32 hectáreas de maíz como en la compra de fertilizante, semilla, mano de obra.
Él desea ampliar mas la comercialización y compra del elote, para tener un poco mas de ingresos en su hogar; el prestamos adquirido le ayudara a cultivar el maíz y poder comercializar el elote.
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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