Juan works as an employee in a military detachment. It has been 15 years since he entered this institution to give military service, executing the office of corporal, which is a military rank. He decided to enter the armed forces since when he was little, he saw movies that had to do with the sovereignty of the nation, and so it was that one day he tried his luck, and with the passing of time he reached a better rank, which has given him job stability.
He needs the loan to buy three pigs that a neighbor will sell him. He will fatten them and then sell them at a better price. The loan will be very useful to him at this time, since he doesn't want to lose the business opportunity, because in the future this will bring him earnings with which he can improve his quality of life.
His dream is to buy a parcel of land that they are selling near his house with the goal that his children will be the ones who inherit this property, so that they won't have to rent when they are grown up.
Juan se dedica a trabajar como empleado en el destacamento militar, tiene 15 años de haber ingresado a esta institución a prestar el servicio militar desempeñando el cargo de cabo que es un grado militar. Decidió ingresar a la fuerza armada ya que cuando era pequeño veía películas que tenían que ver con la soberanía de la nación, fue así como un día probó suerte y con el paso del tiempo alcanzó un mejor grado que le ha permitido estabilidad laboral.
El crédito lo necesita para comprar tres cerdos que le vende un vecino, él los engorda y en seguida los vende a un mejor precio, el crédito le servirá de mucho en este momento ya que no quiere perder la oportunidad de negocios porque en el futuro esto le traerá ganancias con las cuales puede mejorar su calidad de vida.
Su sueño es comprar una parcela de terreno que venden cerca de su casa con el fin de que sus hijos sean quienes hereden esa propiedad y que no tengan que andar alquilando cuando sean grandes.
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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