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Pedro Jose
Peter is from the region of La Joya and the town of Boaco. He is married and works in agriculture. He grows corn and beans. He is the father of a three-year-old boy. He started his business with his own money. This money he earned working in farms harvesting coffee in Costa Rica. This work allowed him to generate income to use to support his family. He would like to grow basic grains in his community. He hopes to grow his business so that he has more earnings. He will use this money to buy animals such as cattle.
Peter is asking for this loan in order to hire workers and buy supplies such as fertilizer and manure. He believes that this loan will be very helpful with increasing his harvest. This will increase his earnings. He will use the earnings to finance his next harvest. He will also get a better price for his grains. His goal is to pay off this loan so that he can ask for another loan, which he will use to buy cattle and land to grow crops.
View original language description ↓
Pedro originario de la comarca la joya, Teustepe Municipio de Boaco, casado de oficio agricultor se dedica a la siembra de maíz y frijoles, padre de 1 hijo de 3 años de edad. Empezó con capital propio, dinero que consiguió trabajando en la fincas de corte de café, en sus viajes a Costa Rica, ya que este negocio le genera ingresos par a sostener a su familia. Ya que le gustaría a dar a conocer sus productos de granos básicos en la misma comunidad, sus expectativas es hacer crecer su negocio para que le genere más ganancias para poder comprar animales como vacas paridas, terneros.
Pedro solicita el préstamo para pago de mano de obra y compra de insumo como abono y fertilizante. Ya que la estima que este préstamo le será de gran ayuda para levantar su cosecha con el objetivo de incrementar sus ganancias en la próxima cosechas y poder vender más productos de granos básicos a un buen precio, su meta próxima es cancelar dicho préstamo para volver a solicitar otro, de esta manera poder comprar más animales como vacas y tierras para cosechar.

About Nicaragua

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Pedro Jose to pay for farmworkers and to buy supplies such as manure and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013