He needs the loan to buy agricultural supplies like ammonium sulfate, herbicides, and other materials that have been worn out from use, like a pump, a machete, and dibbles. In addition to that, he has to pay for the labor of people other than his children who help him with the planting.
El credito lo necesita para comprar insumos agricolas como sulfato de amonio, herbicidas y otros materiales que ya se han desgastado por el uso como bomba, machete y macanas. Ademas de eso tiene que pagar la mano de obra de las personas que aparte de sus hijos le colaboran en la siembra.
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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