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Israel

Update on Israel

Israel is 27 years old and is from Pueblo Nuevo in the municipality of Estelí. He is single and has his bachelor's degree in agriculture, and has made a living as a coffee farmer for the past 2 years. He used the support from his first loan, to plant nearly two acres of coffee plants, cover input costs, and pay hired help during the harvest season.

For this, his second loan, he plans to use the loan support to purchase input items, such as manure and coffee seeds, and to pay hired help for the harvest season. He wants to offer high quality products that he can sell at good prices and use to generate profits. He hopes to apply for other loans in the future, since his future goals are to acquire more land, plant more coffee plants, and purchase machinery such as an irrigation pump for preparing his lands.
View original language description ↓
Israel cliente Kiva de 27 años de edad es originario de Pueblo Nuevo municipio de Estelí, soltero, su nivel académico es hasta el bachiller, de oficio agricultor se dedica a la siembra de café desde hace 2 años. El utilizo su primer préstamo para sembrar 1 manzana de café y cubrir costos de producción en la compra de insumos y pago de mano de obra para darle un mejor mantenimiento a su producto y tener buenos rendimientos de la cosecha. Ahora el requiere de su segundo préstamo al igual para invertir en la compra de insumos, abono, semilla de café y pago de mano de obra para la cosecha de este año ya que su deseo es ofrecer un producto de buena calidad que pueda vender a un buen precio para obtener mejores ingresos, el espera contar con el apoyo de otros créditos para seguir trabajando en su negocio ya que sus metas próximas es ampliar el numero de áreas sembradas de café, comprar equipos y maquinas de trabajo como bomba de riego para preparar las tierras.

Previous Loan Details

Israel is 26 years old. He is a young man whose business is growing coffee. At his young age, he is already a real expert in growing his crops. He is from Pueblo Nuero, in Estelí and is single. Israel started out in this business ten years ago. His father taught him the trade and trained him... More from Israel'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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,753,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Israel to purchase manure, coffee seeds, and pay hired help for this year's coffee harvest.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 18, 2012
Listed
Jun 8, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013