Martin is primarily a corn and bean farmer, but also cultivates sorghum.
They have two yoked calves and want to buy more. They want to buy them for foraging. He works on rented land at 1Km from his home.
He'll invest the loan in buying a team of cattle for yoking, and herbicides and fertilizers to cultivate 10,500 square meters of corn and 3,500 of beans.
Martin trabaja la agricultura en la siembra de maíz y frijol principalmente siembra sorgo, también porque tienen una yunta de terneros y quiere comprar otros, este último es para forraje trabaja en terrenos alquilados a 1 km de su casa.
El préstamo será invertido en la compra de una yunta de novillos y la compra de herbicidas y fertilizantes para la producción de 10,500 metros cuadrados de maíz y 3,500 de frijol.
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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