Juan Leonardo Villalta

Thank you for your loan. It has been disbursed to Juan Leonardo Villalta by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the next 12 months, AFODENIC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Juan Leonardo Villalta is a farmer who solicited a loan in order to purchase fertilizer and insecticides, in reality he only purchased fertilizer and applied them to his pineapples.

The crop improved agronomically on account of more developed leaves and crop placement. For the future, taking into account the situation of the country and the global economic crisis, he believes he will have to rely on credit for a while in order to maintain his crop.

He recommends microcredit because it is the fastest alternative for small agricultural enterprises, the payment deadline is at maturity and the interest rate is low.

At the time of the visit, the client was doing work for the floral induction to obtain plants, to obtain production and to work towards the repayment of his loan.

Juan Leonardo Villalta ,el es agricultor ,el motivo por el cual solicito el prestamo fue para la compra de insumos fertilizantes y insecticidas ,el prestamo en realidad lo uso para la compra de abonos y aplicarselos en la Piña .

El cultivo mejoro agronicamente ,en cuanto ha desarrollo de Hoja y colocacion .Para el futuro ,tomando en cuenta la situación del pais ,con la crisis economica el considera que para el mantenimiento al cultivo el necesitaria por un tiempo depender con el credito .

El recomienda el microcredito porque es la alternativa mas rapida para los pequeños agricultores ya que los plazos son al vencimiento y los intereses son bajos .

Al momento de la visita el cliente se encontraba realizando labor de inducción floral para obtener flora ,para obtene producción y poder hacer efectiva la cancelacion del credito.