Felipe, who is 56 years old, has worked in agriculture for a number of years. He plants the principal basic grains, corn, beans, and sorghum. He sells his products to the various agencies that buy and sell basic grains. With the earnings that he obtains, he manages to cover some household expenses. He lives in his own house with his wife and their five children. Don Felipe is applying to INTEGRAL for a loan to be able to buy compost, seeds, fertilizers, herbicides, etc., and to improve the land where he plants, since in the place where he lives the land is rustic and stony, and thus be able to continue with his planting and give his family better economic stability.
Felipe de 56 años de edad se dedica a la agricultura desde hace varios años, siembra los principales granos básicos maíz, frijol y maicillo, vende sus productos en las diferentes agencias de compra-venta de granos básicos, con las ganancias que obtiene logra cubrir algunos gastos de su hogar, vive en casa propia con su esposa y sus cinco hijos, don Felipe esta solicitando a INTEGRAL un préstamo para poder comprar abonos, semillas, fertilizantes, herbicidas, etc. y mejorar el terreno donde siembra ya que el lugar donde el reside los terrenos son rusticos y pedregosos y asi poder seguir con su siembra y darle a su familia una mejor estabilidad económica.
More information about this loan
This loan is part of Apoyo Integral's program to help subsistence farmers located in high-risk regions of El Salvador, including coastal strips, river banks, and volcano fault lines. The program, which offers reduced interest rates, targets farmers who don't qualify for formal funding due to their low-income and geographical risk. By funding this loan, you are helping Apoyo and a local non-governmental organization extend risk-tolerant credit to even more farmers.
About Apoyo Integral
Apoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.
Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.