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Teodoro
Teodoro lives in the region of Cerro La Corona, on the outskirts of Boaco. He is a farmer and cultivates corn, beans, and wheat. He learned this trade from his father beginning when he was 12 years old. When he was 20 years old, Teodoro got married and began to work his own farms. He covered the costs using money he earned by working as a day laborer.

Teodoro has purchased his cows and land with the money earned from the harvest. His children and other workers help out on the farm and Teodoro pays them both economically and in the form of education, since one of his sons teaches at a school in the community. When the harvest is ready, Teodoro takes the products to Managua and sells them for what he assures is a very good price.

Teodoro is requesting this loan in order to purchase inputs and pay for labor for the next cycle of harvest on his farm, which will begin soon. This loan will be a big help to him because it will allow him to continue working in the farm and finish paying off the costs of production. When he finishes repaying this loan, he would like to buy some young cows.
View original language description ↓
Teodoro, es habitante de la comarca llamada Cerro La Corona, en las afueras de Boaco, el es agricultor, cultiva maíz, frijol y trigo oficio que aprendió junto a su padre desde que tenía 12 años, a los 20 años se caso y empezó a hacer sus propias huertas y los gastos los cubría con dinero que ganaba del trabajo que realizaba como jornalero. En la actualidad ha comprado sus vacas y tierras que lo ha obtenido de los ingresos que le deja la cosecha. En su huerta lo apoyan sus hijos y trabajadores a quienes les paga, económicamente también recibe el apoyo de unos de sus hijos el cual se dedica a la enseñanza en una de las escuelas de la comunidad, cuando don Teodoro saca su cosecha la lleva a vender a Managua ya que afirma que le pagan muy bien sus productos, pero esta solicitando este crédito para compra de insumos y pagar mano de obra para hacer huerta para el siguiente ciclo de siembra que pronto iniciara. El nos cuenta que este crédito le será de gran ayuda por que podrá seguir trabajando en la huerta y terminar de cubrir los costos de producción.
Asegura que cuando termine de pagar este crédito , le gustaría comprar unas vaquillas.

About Nicaragua

  • $3,636
    Average annual income
  • 175
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Teodoro to purchase inputs and pay for labor for his farm.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013