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Manuel Antonio

Update on Manuel Antonio

Manuel is from the municipality of Estelí in Pueblo Nuevo. He is a farmer and grows coffee and raises cattle. He tells us how he made good use of the Kiva loan for which is grateful and which gave him enormous support in planting the two and a half manzanas (a plot of land smaller than a hectare) of coffee. The harvest was abundant and the quality of the coffee was excellent. Now he wants to plant four manzanas of coffee and is requesting a loan to buy supplies and hire workers for the new planting cycle. He hopes to produce a good crop that will help his family and business get ahead, so he can provide employment to people in nearby areas.
View original language description ↓
Manuel, originario de Pueblo Nuevo municipio de Estelí, de oficio agricultor quien se dedica a la siembra de café y crianza de Ganado nos habla del buen uso y beneficio que le permitió el préstamo Kiva por el cual se siente agradecido por el enorme apoyo sembró 2.5 manzanas de café las cuales tuvieron buenos rendimiento y la calidad del café fue excelente. Ahora el quiere volver a sembrar 4 manzanas de café por cual solicita el préstamo para compra de insumos y pago de mano de obra en este nuevo ciclo de siembra. Espera seguir sacando una buena producción que le permita salir adelante con su familia y negocio, brindar empleos a la gente de las zonas cercanas.

Previous Loan Details

Manuel is 60 years old and a native of the community called El Consuelo (The Consolation), located in Pueblo Nuevo (New Town) in the municipality of Esteli. He is married and the father of a family with 8 children, of whom 3 are still in his charge. Manuel is a farmer with 40 years in this activi... More from Manuel Antonio's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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 $1,150 helped Manuel Antonio to buy supplies and hire workers to plant coffee.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 12, 2012
Listed
Feb 3, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013