Check out some available loans that are similar to this one!
Erasmo Osmar
34-year old Erasmo lives in the Jicarito region in the department of León. He is a farmer and grows corn. He has two children aged two and six. His father taught him how to work the land as he also was a farmer. He remembers that from an early age his father used to take him to the fields and show how him how to prepare the earth. He used to wake up at four in the morning to get ready to leave for long workdays, walking 10km to get to the fields.

Erasmo only completed third year of secondary school because he had to leave to work with his father in order to be able to eat and survive. When he was 22 years old, he left home and began to work on his own land. He also sells milk (he has two cows) and firewood. He is a hardworking person who is trying to find ways to help his family get ahead.

The loan that Erasmo is seeking is to buy agricultural supplies and hire someone to help him sow five manzanas (one manzana = 1.68 acres) of corn. In this way the money will help him earn profits from his fields that he can save and then use to buy more land. In the future he wishes to continue farming, and buy more livestock and land.
View original language description ↓
Erasmo, tiene 34 años de edad, habita en la comarca el Jicarito ubicada en el departamento de León, de oficio agricultor, el se dedica a sembrar maíz, es padre de 2 hijos de 2 y 6 años respectivamente. El aprendió este oficio por su padre ya que también era agricultor, el recuerda que desde temprana edad su padre lo llevaba al campo para que aprendiera a preparar la tierra, desde la 4 de la mañana estaba despierto para prepararse e irse al campo a trabajar largas jornadas, y caminar 10 km para poder llegar hasta los terrenos de siembra, el solo estudio hasta tercer año de secundaria pues tuvo que dedicarse a trabajar con su padre para poder comer, seguir sobreviviendo. Cuando el cumplió 22 años de edad se independizó de su padre e inicio su propio negocios de siembras además el vende leche pues tiene dos vacas y vende leña también. El es un hombre muy trabajador que busca como sacar su familia adelante.
El solicito el préstamo para la compra de insumos agrícolas y pago de mano de obra que va a utilizar para la siembra de 5 manzanas de maíz. Este crédito le ayudara a sembrar y obtener ganancias que le permitan ahorrar y compra tierras para siembra. En sus planes futuros quiere siempre seguir sembrando, poder comprar mas ganado y aumentar sus aéreas de siembra.

About Nicaragua

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,591,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Erasmo Osmar to buy agricultural supplies and sow five manzanas of corn.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 25, 2011
Listed
Jun 5, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012