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Fermín Galileo
Fermín is 36 and has a sixth grade education. He has a wife who does domestic work and occasionally informal trade. They have two minor children together.

Fermín earns his living in agriculture and livestock. He's been in business for thirteen years. He decided to go into this business because his education level hasn't allowed him to get better work to help out his family. He also does day labor for additional household income.

His business is three kilometers away and he gets there a variety of ways, sometimes by bicycle. When he needs to haul supplies he does it by ox-cart and when he doesn't he walks. When he's loaded down with work, his wife helps him. He has a seven-hour-per-day work schedule.

He'll use his loan to rent a plot of land where he'll plant basic grains like corn, beans, and sorghum for this season because he doesn't have his own space to plant them. He'll also use part of the loan to buy a wood cart to transport the grains to his house.

Fermín's dreams include offering his family the best he can provide with his effort and dedication. He dreams of seeing his children study for a college degree, which he wasn't able to manage for himself.

For the business, Fermín dreams of having the opportunity to grow more crops like green vegetables, among others, so he can earn more income. This loan will help him have the conditions necessary for planting, and next year expand the business by cultivating more land than he is now and growing other crops.
View original language description ↓
Fermín de 36 años de edad, estudio hasta sexto grado de educación, está a acompañado su pareja se dedica a los oficios domésticos y en ocasiones se dedica al comercio informal. Tienen en común 2 hijos los cuales son menores de edad.

Fermín se dedica a la agricultura y también a la ganadería, se ha dedicado a este negocio desde hace 13 años. Decidió dedicarse a este negocio porque su grado académico no le ha permitido obtener un mejor empleo para ayudar a su familia; el cliente también realiza el trabajo de jornal por lo que es un ingreso adicional en el hogar.

El negocio de él está a tres kilómetros de distancia, las cuales recorre de diferentes formas en ocasiones lo hace en bicicleta. Cuando le toca llevar algún insumo lo hace en carreta halada por una yunta de bueyes y cuando no tiene ninguna de las herramientas lo hace caminado. En el trabajo también le colabora su compañera de vida, quien cuando él está muy cargado de trabajo le colabora. El horario de trabajo es de 7 horas al día.


El cliente utilizara el préstamo, para arrendar el terreno donde sembrara los granos básicos como maíz, frijol y maicillo para esta temporada; ya que él no tiene un lugar propio donde sembrar también utilizara una parte en la compra de una herramienta de trabajo necesaria para el desempeño de su trabajo y es una carreta de madera la cual utiliza para acercar los granos básicos hasta su casa.

Los sueños del cliente son ofrecerle a su familia lo mejor que con esfuerzo y dedicación puede lograrlos. Sueña con ver a sus hijos estudiar una carrera universitaria, lo cual él no pudo lograr.

Para su negocio sueña con tener la oportunidad de cultivar más productos agrícolas como hortalizas verduras entre otras, para tener más ingresos. El préstamo le ayudara a tener las condiciones necesarias para cultivar y así el próximo año ampliar su negocio cultivando más terreno que el que actualmente está sembrando y cultivando otros productos agrícolas así ampliara su negocio.

Additional Information

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 CrediCampo

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.

Tags

About El Salvador

  • $4,900
    Average annual income
  • 622
    View loans »
    El Salvador Loans Fundraising
  • $24,979,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $725 helped Fermín Galileo to rent a plot of land where he'll plant basic grains like corn, beans, and sorghum for this season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 11, 2014
Listed
Mar 23, 2014
Currency Exchange Loss:
N/A
Ended:
May 21, 2015