Darío is requesting this loan from Fundación Campo in order to buy 5 sacks of fertilizer and other farming supplies to cultivate 7,000 square meters of corn and 7,000 square meters of beans. With the loan, he will be able to buy everything he needs at once and use them it the appropriate time and quantities. Darío's goal is to build a house made of brick because the one he has currently is made of adobe and in very bad condition.
El préstamo que esta solicitando a Fundación Campo, es para comprar 5 sacos de abono, entre otros insumos agrícolas para cultivar 7,000 metros cuadrados de maíz y 7,000 metros cuadrado de fríjol. Con el préstamo, pretende adquirir de una sola vez los insumos y aplicarlos en el tiempo y cantidades correctas. Su objetivo es construir una casa de ladrillo debido a que en la que vive es de adobe y se encuentra en malas condiciones.
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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