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Cristobal Evaristo

Update on Cristobal Evaristo

Cristóbal lives in Ticuantepe with his wife who works as a fruit and vegetable merchant to help him with household expenses since his has two children in his care.

Cristóbal has been growing pineapple for several years. The greatest affliction he’s faced during the growing cycle was the strong rains that swept away a great part of the crop. With the little he was able to produce he repaid his loan but now has no capital available to invest in fertilizer and supplies needed to continue working in his pineapple crops. He will use the loan to buy fertilizer and supplies.
View original language description ↓
El señor Cristóbal , es habitante del municipio de Ticuantepe , junto a su esposa la cual trabaja como comerciante de frutas y verduras , para apoyarlo con los gastos del hogar ya que tiene hijos a su cargo , don Cristóbal desde hace varios años se dedica al cultivo de piña , la mayor afectación que se le presento durante el ciclo de producción fue las grandes lluvias que se llevaron gran parte del cultivo y con lo poco que logro sacar pago su préstamo , pero ahora no cuenta con capital para invertir en fertilizantes e insumos necesarios para seguir trabajado su cultivo de piña .El préstamo lo va utilizar para la compra de fertilizantes e insumos .

Previous Loan Details

Cristóbal is a farmer in Ticuantepe with his wife and children. His plan for the future is to improve living conditions. Cristóbal has been farming pineapple for several years. His greatest challenge is not having the economic resources necessary to start his planting in a timely and proper f... More from Cristobal Evaristo's previous loan »

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more 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

  • $3,636
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Cristobal Evaristo to buy fertilizer and supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 10, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013