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Encarnacion
Encarnacion is 60 years old. He is from the region of Jazmin, in Teustepe, municipality of Boaco. He is married and works as a farmer, growing corn and beans. Encarnacion started to work for other people when he was 12. Later on he worked for his uncle as a farmer and at the age of 18, he got married and started his own business. His wife helped him with a piece of land she owned and some money which was invested in basic grain for the crops. Today, thanks to his hard daily work and his effort, he has managed to maintain his crops. He sells his products in the same region to avoid additional costs.
He is asking for this loan to buy 5 rolls of wire to enclose his land and stop cattle from damaging his crops. This loan will help improve his crop production and sell it at a good price. His future plans once he sells the corn are to pay back the loan to improve his land and to buy cattle. Additional goals will be to repair all the fences in his land and build a well.
View original language description ↓
Encarnación, 60 años de edad. Originario de la Comarca el Jazmín, Teustepe, Municipio de Boaco, casado, de oficio agricultor, se dedica a la siembra de maíz y frijoles. Encarnación empezó a trabajar a la edad de 12 años para otras personas, luego trabajo con su tío en la siembra, a la edad de 18 años se casó y fue allí que empezó su propio negocio lo hizo con ayuda de su esposa que tenía su pedazo de tierra, dinero que invirtió en la siembra de sus granos básicos. Hoy en día gracias a su arduo trabajo diario y esfuerzo propio ha logrado mantener sus cosechas, sus productos lo comercializa en la misma comarca para evitar gastos.
Solicita el préstamo para comprar 5 rollos de alambre para cercar la finca y evitar que el ganado no le haga daño a su siembra, con el objetivo de mejora su cosecha de producción dice que este crédito será de ayuda para aumentar su producción y poder venderlo a un buen precio, sus planes futuro es una vez que venda el maíz pagar el crédito para mejorar su finca y comprar ganado. Sus metas próximas es poder reparar todas las cercas de su finca y realizar la construcción de un pozo de agua.

About Nicaragua

  • $4,800
    Average annual income
  • 131
    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 Encarnacion to buy 5 rolls of wire to enclose his land and stop cattle from damaging his crops.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 29, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2013