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Juan

Update on Juan

Juan, inhabitant of the community of Espinal, one of the suburbs of Estelí, is a farmer by trade. He has worked in this activity from a very young age, as this is a tradition from his parents.

He is preparing for the next cycle of sowing of basic grains for which he needs financing to purchase manure, fertilizers, and seeds for the cultivation of 7,000 square meters of beans, sowings that he will do with his children. He hopes for a crop of good quality and high yields.
View original language description ↓
Juan, habitante de la comunidad el Espinal en las afueras de Estelí, de oficio agricultor , actividad que realiza desde muy joven por tradición de sus padres.
Se está preparándose para el siguiente ciclo de siembra de granos básicos, para lo cual está requiriendo financiamiento para adquirir abono, fertilizantes y semillas para el cultivo de 1 manzana de frijoles, siembras que hará junto con sus hijos. El espera una cosecha de muy buena calidad y altos rendimientos.

Previous Loan Details

Juan is 62 years old. He lives in the community of Espinal, close to the department of Estelí. He is married with three children. He is a farmer and sows grain. He began growing crops and raising livestock with the help of his father in the community of Espinal, 20 km to the south of Estelí. From... More from Juan'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

  • $3,636
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $23,830,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $650 helped Juan to purchase manure, fertilizers, and seeds for the cultivation of 7,000 square meters of beans.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 19, 2012
Listed
Sep 29, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013