Check out some available loans that are similar to this one!
Domingo De Guzman
Domingo is 62 years old and was not able to go to school because he was the oldest child and his parents put him to work to bring an income home to the family so that his other siblings could go to school. At the same time he is proud to have helped his siblings to succeed. He is currently married and had six children, but only three are still living; two daughters who are married and have formed their own families, and one son who helps him the most with the household expenses.

He has been a farmer since he was a boy. Aside from that he and his wife have a small store which she manages so that he can do his daily work and bring home the basic grains. He has to travel to his work site every day and leaves the house at 5:30 am on foot to arrive 20 minutes later. He works hard in the morning and returns home at noon.

He will use the money from this loan to buy fertilizer and herbicide for his crops, so that he will have an abundant harvest of basic grains which will generate a good income and ensure that his family is fed.

He wants to have a good production of basic grains so that his family is fed and also wants to expand his store so that he will have a source of income, enough to cover the household expenses, when he no longer has the strength to farm.
View original language description ↓
Domingo tiene 62 años de edad, no pudo estudiar ya que por ser el mayor de todos los hermanos los padres lo pusieron a trabajar para que les llevara un ingreso a la familia y de esta manera que sus otros hermanos estudiaran, pero al mismo tiempo se siente orgulloso que ayudó a que sus hermanos a que se superaran, actualmente está casado, con su esposa tuvo 6 hijos de los cuales solo 3 están con vida 2 mujeres quienes ya están casadas y han formado sus propios hogares y un hombre quien es la persona que más les apoya en los gastos de la casa.

Él se dedica a la agricultura desde que era un niño, además de la agricultura tiene un pequeña tienda junto a su esposa la cual es administrada debidamente por ella, esto es para que él pueda realizar los trabajos a diario y de esta manera pueda llevar los granos básicos a su familia, él tiene que trasladarse todos los días al lugar, a las 5:30 am sale de su casa para llegar a sus cultivos en 20 minutos a pie, trabaja durante la mañana y regresa a su casa a las 12:00 del mediodía.

Con el crédito el comprará fertilizantes y herbicidas los cuales aplicará a sus cultivos para tener una producción de granos abundante la cual le genere un buen ingreso y la seguridad alimenticia de su familia.

Él desea obtener una buena producción de granos básicos con la cual su familia tenga el alimento seguro en su casa desea poder ampliar más su tienda para que cuando ya no tenga las fuerzas para trabajar la agricultura pueda tener la fuente de ingresos con la tienda que le sea suficiente para llevar al día los gastos del hogar.

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

  • $7,500
    Average annual income
  • 654
    View loans »
    El Salvador Loans Fundraising
  • $26,134,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Domingo De Guzman to buy farming supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2014
Listed
Jun 11, 2014
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014