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El Salvador & Micro Finance

Donate now to Jose Ovidio www.kiva.org/lend/557984
by

#ThatDannyKid ...

on 12 June 2013

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Transcript of El Salvador & Micro Finance

Daniel Marshall
June 11, 2013 Micro Finance Jose Ovidio El Salvador is located in Latin America. El Salvador San Salvador, the capitol of
El Salvador it is a very populated city. Have you ever heard the saying "Give a man a fish and he will eat for a day, teach a man how to fish and he will eat for a lifetime."? Micro finance is a general term used to describe the process of providing loans and other financial services to low-income individuals in third world countries. Jose Ovidio is asking for $1, 050 to help him clear the expenses of manure, herbicides, pesticides and other things to help him be ready for the sowing season
Jose has had some previous loans and they are 100% payed back. El Salvador is a small country located in Central
America. There are many mountains in El Salvador which impact the amount of land they have for agriculture. Many people have service businesses, for example: running errands, fixing motor cycles and other common services they can give to people walking by. El Salvador & Micro Finance On the other hand there is some space for agriculture. I picked Jose because he has a good idea and I want to help him. Jose has had some previous loans and they were all successful and fully payed back. Now Jose is looking to get into farming. Jose's previous loans were in carpentry and wood working. I think he is a great person to support and that he will go a long way if he is funded. Why did I pick him Unfortunutly lots of space is taken up by mountains. Current Government Mauricio Funes, President of El Salvador Economy and Population El Salvador has a unemployment rate of 6.9% and the labour force is 2.593 million people with rufly 21% agriculture 20% industry and 58% services. The population below the poverty line is a very high 36.5%. El Salvador with a small land amount of 20,721 sq km is filled with 6.227 million people.or h El Salvador runs on the republic govenrment system, every 5 years there is a new election. Christian Perspective I hope that micro financing will continue to help Jose Ovidio as he expands into agriculture. I have learned that we need to aid people in other countries to help maintain God's beautiful world. This project has taught me much about El Salvador and the people who live there, and made me aware of our responsibility as wealthy Christian Canadians to help them. Thanks For Watching! History There was a Civil War between Central and Eastern in El Salvador that took place in 1979-1992. Earlier in 1969 and armed conflict began between El Salvador and Honduras because of a immigration dispute. I Brought Pupusas!

Pupusas is a popular El Salvadoran food made of a thick, corn tortilla filled with anything from meat, to cheese, to refried beans.
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