He has applied to Fundación Campo for a loan to buy seed, manure, and weed killer and to pay for labor and equipment to plant an additional 7000 meters of land. He currently works 7000 meters, but that is not enough to meet his needs. He is certain the investment will provide food for his family, possibly until next year. Part of the corn and bean harvest feeds his family; the other part is sold to other residents. He dreams of improving his family's standard of living and of setting up a business to sell basic grains in his town.
Para comprar los insumos agrícolas; para la siembra de maíz y fríjol, los adquiera en una comunidad que esta a 12 kilómetros de distancia de su vivienda, los cuales recorre en un vehiculo del transporte colectivo.
El préstamo que esta solicitando a Fundación Campo, es para comprar, semilla, abono, herbicidas, pago de mano de obra y maquinaria para rastrear el terreno y sembrar 7,000 metros cuadrados más, debido a que actualmente ya cultivo 7,000 metros cuadrados pero eso no le es suficiente para cubrir sus necesidades.
Con la inversión, asegurara la alimentación de su familia, posiblemente hasta el otro año. Dispondrá de maíz y fríjol para su consumo familiar y la otra parte para venderlo en la comunidad. Su sueño es, mejorar la calidad de vida de su familia e instalar un negocio de venta de granos básicos en el municipio en donde vive.
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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Success!! The loan was 100% repaid