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Modesto Miguel
Modesto is 31 years old, is a native of the region of La Joya, Teustepe, and is dedicated to grow corn and beans since he was 15 years old. He used to make this activity with his father. He married five years ago, and he started to work independently. He used to work as a laborer to cover the expenses of having a garden. Today, thanks to his work, he has some cows, and to work on his garden he pays some laborers. He sells his crops in the same area. He also sells plastic utensils to other departments.

Modesto is requesting this loan to buy a calf for growth and to invest in the business of selling utensils such as saucepans and cauldrons. He says he will use the loan to invest in buying cauldrons and saucepans to go out and sell to improve his income. He says that when he pays this loan, he will request more, always to buy animals. His next goal is to develop the garden of beans and corn.
View original language description ↓
Modesto,31 años de edad, es originario de la comarca La Joya,Teustepe se dedica a sembrar maíz frijol desde los 15 años actividad que realizaba al lado del papa. Hace 5 años que se casó inicio a trabajar independiente salía a trabajar como jornalero para cubrir los gastos para hacer sus huertas hoy gracias al trabajo tiene sus vaquitas , para hacer sus huerta paga mozos y cuando saca su cosecha la vende en la misma comarca también sale a vender trastes plásticos a otros departamento. Modesto está solicitando este crédito para comprar una ternera para desarrollo y para invertir en el negocio de la venta de traste como porras, calderos. Él dice que el crédito le servirá ya que al invertir más en la compra de calderos porras para salir a vender mejoraran sus ingresos y dice que cuando pague este crédito sacara otros siempre para comprar animales y como meta próxima tiene realizar la huerta de frijol y maíz.

About Nicaragua

  • $3,636
    Average annual income
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $425 helped Modesto Miguel to buy a calf for growth, and to invest in the business of selling utensils such as saucepans and cauldrons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 20, 2012
Listed
Sep 28, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2013