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German
Germán lives in the city of Estelí, is currently single, 60 years old, has 2 children and dedicates himself to farming. He started in the business because it was a tradition, given that his parents were also farmers. He made a partnership with a friend who had more experience than him with planting, and he also didn’t have enough capital to work on his own.

He took his first loan in order to plant tomatoes and, thankfully, the yield was good and he sold his product even though the prices at the market were low. In fact, he was able to invest capital into one of his projects that he managed to make a reality, which was to open a general store that he currently has today. It is small, but is functioning very well.

He requests this loan to plant tomatoes for the second cycle of planting crops, which he will plant with his brother’s help. He hopes to have good earnings from this, in order to then improve his general store. He also wants to find technology to be more efficient, and improve the conditions of his home and farm. He wants to continue planting crops in the future.
View original language description ↓
El Señor Germán , habita en la ciudad de Estelí, actualmente soltero, 60 años de edad, tiene 2 hijos, se dedica a la agricultura. Inicio en esta actividad por tradición ya que sus padres se dedicaban a lo mismo, el hizo una sociedad con un amigo que tenían mas experiencia que el en siembras, además el no contaba con capital suficientes para trabajar por si mismo. El hizo un primer préstamo para sembrar tomates, gracias a ello saco una buen producción aunque los precios en el mercado estuvieron bajo el vendió su producto, incluso pudo invertir capital en unos de sus proyectos que logro realizar el cual era poner un a pulpería de hecho hoy en día la tiene, es pequeña pero va funcionando muy bien .El solicita este préstamo para sembrar tomates para el segundo ciclo de siembras de hortalizas, va a sembrar con ayuda de su hermano, el espera obtener buenas ganancias para posteriormente mejorar su pulpería, buscar tecnología para se mas eficiente y mejorar las condiciones de su vivienda y su finca. Pues el desea seguir sembrando en lo futuro.

About Nicaragua

  • $3,636
    Average annual income
  • 108
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped German plant tomatoes during the second cycle of planting crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 18, 2011
Listed
Jul 3, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011