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Jairo Antonio

Update on Jairo Antonio

Jairo is from the community of El Dorado in Estelí department. He tells us that his experience with his first Kiva loan was most beneficial in terms of his crops. It allowed him to improve the quality of his produce, especially onions.

Not only did it allow him to get quality production, but he also managed to prove to himself that he could succeed and be responsible with his loan. Now he has a good credit record.

Now he wants to plant tomatos. That is why he is requesting a second loan, in order to buy tomato seeds and fertilizer, and to pay for labor.

He hopes to sell his entire production at a good price, pay off his loan, make a name for himself as a producer, and succeed in expanding the area he has under cultivation so that he can get ahead in life.
View original language description ↓
Jairo originario del el Dorado comunidad de Estelí, nos expresa que su experiencia con su primer crédito Kiva fue de mucho beneficio para sus siembra pues le permitió mejorar la calidad de sus productos en especial cebollas y no solo le permitió sacar una producción de calidad también logro probarse a si mismo que podía salir adelante y ser responsable con su crédito ya goza de un buen record crediticio. Ahora él quiere sembrar tomates es por ello que solicita un segundo crédito para comprar semilla de tomates, compra de abono y pago de mano de obra. El espera vender toda su producción a un buen precio, pagar su crédito darse a conocer como productor y lograr ampliar sus áreas de siembra para salir adelante.

Previous Loan Details

In one of the communities close to the city of Estelí llamada el Dorado is an area known for its high productivity of vegetables. This agricultural sector is one of the most common and productive activities of the area. It is there where young Jairo, 24, lives. He is dedicated to growing vegetabl... More from Jairo 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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Jairo Antonio to buy tomato seeds and manure, as well as pay for labor.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013