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Geylin Amilcar

Update on Geylin Amilcar

Geyling comes from Pueblo Nuevo, in the Municipality of Esteli. He is a businessman, and he works in agriculture. Geyling says that he used his first loan to purchase supplies such as manure and fertilizer. He feels that this was of great help because he was able to plant a crop of tomatoes and increase production. Without this loan, it wouldn't have been possible to have such a satisfactory harvest. He needs this second loan to purchase supplies such as manure and fertilizer and to pay his helping hand. He believes that with the income from selling tomatoes, he will be able to pay off the loan that we gave him, and this way, he will have better working capital to continue planting tomatoes, which is his plan for the future. He hopes to continue receiving Kiva's support to reach his dream of growing his business and having a better income so that he can give his family a better future.
View original language description ↓
Geyling originario de Pueblo Nuevo, Municipio de Estelí, de oficio comerciante, se dedica a la agricultura. Geyling dice que su primer crédito lo utilizo para comprar insumos como abonos y fertilizante. El estima que le fue de gran ayuda porque pudo sembrar 1 manzana de tomate, y asi incrementar su producción, ya que sin el préstamo no hubiese sido posible obtener los rendimientos satisfactorios de su cosecha. El requiere su segundo préstamo para la compra de insumo como abono, fertilizante y pagar mano de obra. El estima que mediante las ganancias de sus ventas de tomates podrá cancelar el préstamo que le hicieron, de esta manera obtener un mejor capital de trabajo para seguir sembrando tomates, sus planes futuros el área de siembra. El espera seguir contando con el apoyo de Kiva para cumplir su sueño de ampliar su negocio y obtener más ingresos para ofrecerle un mejor futuro a su familia.

Previous Loan Details

Geylin is 23 years old and works as a farmer. He was born in Pueblo Nuevo in the city of Estelí. He is single and has a partial high school education. He was not able to finish school because he had to go to work in the fields. He started this activity through his father and older brother. ... More from Geylin Amilcar'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

  • $4,800
    Average annual income
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,566,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Geylin Amilcar purchase supplies such as manure and fertilizer, and to pay for a helping hand.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 4, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013