The loan that María is seeking from CrediCampo is to buy three bags of maize because it stopped raining for over a month and they lost their maize crop. At the moment a bag of maize costs $56, but it may cost much more in the future because of the failed harvest. For this reason she is trying to avoid the problem. María also wishes to buy nine bundles of reeds to make bed mats and bamboo for the baskets.
Her dream is to see one of her sons continue his education and get a good job so that in the future he can buy a vehicle to take the merchandise to market. At the moment her husband has to pay for transportation of the mats and baskets.
El préstamo que esta solicitando a CREDICAMPO, es para comprar 3 sacos de maíz, pues en el país paro de llover por más de un mes y los cultivos de maíz se perdieron y el saco de maíz esta por el momento a $56 y se cree que por las perdidas a futuro habrá un aumento muy considerable, por lo que pretende prevenirse, también comprara 9 maletas de tule para la elaboración de petates y varas de bamboo para hacer canastos.
Ella sueña con que uno de sus hijos el que estudia, sea profesional y a futuro comprar un carro, para trasladar la mercadería, pues cuando el esposo la saca a vender les toca pagar un vehículo.
More information about this loan
This loan is designed for rural women in El Salvador. Loan amounts are much smaller than average and the field partner is not requiring any guarantee for this type of loan. The goal is to support businesses that will enable women to work from their homes or start flexible businesses, as many of them are single mothers and are the sole caretakers for their families. Women who receive this type of loan also receive training on entrepreneurship, business management and budgeting.
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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This loan has been fully funded!