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Luciano
Luciano is 54 years old. He only completed the fourth grade in school. He wasn't able to keep studying due to his parents’ difficult financial situation.
He is married. His wife is a tailor. This occupation generates the income to cover the household expenses. They have four children, the first one is a policeman; the second one doesn't go to school, she does the household chores; the third one is a freshman in high school; and the fourth one attends elementary school.

Luciano is a farmer (the sowing of bulk grains like corn, beans, and sorghum)
He’s been working in this field for about 25 years. Since he was very little, his parents took him to work in the fields, and when he got married he worked for himself and his family. He has always been a farmer. His workplace is 20 minutes away, and he walks there. His wife and two of his kids are then ones involved in this occupation.

He’ll buy farming supplies with this funding, such as 5 quintals of formula, 8 quintals of sulfate, two liters of weed-killer, and he’ll use the rest of the money to pay for the labor needed in the crops.

He’ll have the opportunity to expand his work area with this money. His dream is that his kids, the ones that are currently studying, will be able to enroll in college and get a degree that will allow them to find a decent source of income to improve their living conditions.
View original language description ↓
Luciano de 54 años de edad, estudio hasta 4to grado debido a las precarias condiciones económicas de sus padres ya no pudo seguir estudiando.

Es casado, su esposa es sastre, actividad que le genera ingresos para los gastos de su hogar. Tienen cuatro hijos el 1ro es policía, la 2da no estudia se dedica a los oficios domésticos, el 3ro estudia 1er año de bachillerato, la 4ta estudia educación básica.

Luciano, se dedica a los trabajos agrícolas (siembra de granos básicos como maíz, frijol y maicillo.) Tiene alrededor de 25 años de experiencia en el área, desde muy pequeño sus padres lo llevaban al campo a trabajar y cuando se casó ya trabajo propio para él y su familia. Siempre ha sido agricultor, el lugar donde trabaja le queda a 20 minutos y viaja a pie, su esposa y dos de sus hijos son los que se involucran en las actividades.


Con el financiamiento comprara los insumos agrícolas como: 5 quintales de fórmula, 8 quintales de sulfato, dos litros de herbicidas y con el resto pagara la mano de obra para las diferentes actividades que requieren los cultivos. Con el crédito tendrá la oportunidad de ampliar el área donde trabajaba.

El sueño de él, es que los hijos que actualmente están estudiando logren ingresar a la universidad, y que puedan obtener un título académico que les permita encontrar una fuente de ingreso digna para tener una mejor condición de vida.

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
  • 610
    View loans »
    El Salvador Loans Fundraising
  • $22,169,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $800 helped Luciano to buy 5 quintals of formula, 8 quintals of sulfate, 2 liters of weed-killer, and pay for the labor needed in the crops.
Repayment Term
13 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 6, 2014
Listed
May 22, 2014
Currency Exchange Loss:
N/A
Expired:
Jun 21, 2014