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Juan Jose

Update on Juan Jose

40-year-old Juan comes from Chacaraseca, in León. He's a Kiva borrower and a farmer. He has been growing vegetables and basic grains for over 10 years. Aside from that, he also raises pigs in order to get another source of income. Juan used the previous loan to buy pigs for raising. It helped him, since he used the profits he got from selling the pigs to cover production costs and to invest in his sesame, yucca and corn crops. Juan currently wants to further diversify his produce with the purpose of satisfying his customers' needs. For that reason he requests a Kiva loan in order to purchase supplies, compost and fertilizer, so that he can invest in growing vegetables and basic grains. He estimates that this new investment will be of help, because he will be able to better maintain his crop, so he can offer quality produce to his customers. His future plans are to keep his business going and to increase his pigs and cattle sales, in order to get higher profits until he can become independent and get ahead.
View original language description ↓
Juan de 40 años de edad es originario de chacaraseca-León, cliente Kiva, agricultor se dedica a la siembra de hortalizas y granos básicos desde hace mas de 10 años, además de la siembra también se dedica a la crianza de cerdos para obtener otros ingresos, Juan utilizo el préstamo para comprar cerdos de crianza, el cual fue de ayuda ya que las ganancias de la venta de los cerdos la utilizo para cubrir los costos de producción, invertir en siembra de ajonjolí, yuca y maíz. Hoy en día Juan quiere diversificarse aun mas en productos con el objetivo de satisfacer las necesidades de sus clientes es por ese motivo que realiza el crédito kiva para comprar insumos, abono y fertilizantes, para invertir en la siembra de hortalizas y granos básicos, el estima que esta nueva inversión será de ayuda porque podrá darle mejor mantenimiento a su cosecha para ofrecer productos de calidad a sus clientes, sus planes futuros es mantener su negocio activo, incrementar su venta de cerdos de raza y ganado para obtener mas ingresos hasta poder ser alguien independiente para salir adelante.

Previous Loan Details

Juan is a farmer from the Chacaraseca community on the outskirts of León. He is 39, single and has been in agriculture for over ten years. He learned the trade from his parents who used to raise cattle and pigs. He planted his first crop when he was 19 and gained more experience before becomin... More from Juan Jose'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
  • $24,589,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Juan Jose to purchase supplies, compost and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 31, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013