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Juan Alberto

Update on Juan Alberto

Juan is 44 years old, native of El Quebracho district of Miraflor, in the Estelí department. He is single, with a limited academic background, and works as a farmer sowing beans, potatoes and cabbage. Juan is very grateful for the help given and it forms part of his growth as a farmer. He used his previous loan to sow ½ a manzana of potatoes (approximately 1 acre), which covered his production costs such as buying supplies so as to better tend to his vegetables and obtain a better harvest from his crop.

Juan needs this loan to buy supplies such as compost, fertilizers and to pay for labor for this year's harvest given that his aspiration is to offer a good quality product that can be sold at a good price to therein obtain a better income. He hopes to benefit from the support of other loans to continue operating in his business as his next objectives are to increase the number of areas sown with potatoes and to buy machines such as an irrigation pump to prepare the land.
View original language description ↓
Juan tiene 44 años de edad, originario de la Comarca el Quebracho, Miraflor, del Departamento de Estelí, soltero, con pocos conocimientos académicos, de oficio agricultor se dedica a la siembra de hortalizas, papa y repollo se siente muy agradecido por el apoyo brindado y formar parte de su crecimiento como agricultor. El utilizo su anterior crédito para sembrar ½ manzana de papa y cubrir costo de producción en la compra de insumos para darles un mejor mantenimiento a su productos y obtener buenos rendimientos en su cosecha. El requiere este préstamo para comprar insumos,tales como abono, fertilizante y pago mano de obra para la cosecha de este año, ya que su deseo es ofrecer un producto de buena calidad que pueda vender a un buen precio para obtener mejores ingresos, el espera contar con el apoyo de otros créditos para seguir trabajando en su negocio ya que sus metas próximas es ampliar el numero de áreas sembradas de papa y comprar maquinas de trabajo como bomba de riego para preparar las tierras.

Previous Loan Details

Juan Alberto S. is a 41 year-old farmer who is a native of the El Quebracho district of Miraflor, in the department of Esteli. He is single and has 5 children. He tells us that he started out working in agriculture with his father when he was only 5 years old. He left school in the 4th grade... More from Juan Alberto'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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Juan Alberto to buy supplies such as compost, fertilizer and pay for labor.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 12, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 24, 2013