Luis works in agriculture. He grows corn and sorghum and has cows that give him and his family milk and other products. His father taught him these activities.
He needs a loan to buy a cow. He will use the remainder to buy agricultural supplies such as fertilizers and pesticides. With this help, he will be able to invest and improve his financial situation.
His dream is to own a cattle ranch together with his family and be able to sustain it.
Luis se dedica a la agricultura, él cultiva maíz, frijol y sorgo, también trabaja con ganado ya que posee unas vacas que le proporcionan leche y derivados para el consumo familiar, siendo su padre quien le enseñó las actividades que ahora realiza.
El préstamo lo necesita para comprar una vaca, el resto lo utilizará para insumos agrícolas (fertilizantes, productos fitosanitarios, entre otros), con esta ayuda Luis tendrá la posibilidad de invertir para mejorar sus condiciones económicas.
Su sueño es poder establecer un hato ganadero donde participen todos los miembros de su familia y que sea rentable para el sustento de esta.
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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