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Arcadio
Arcadio, a humble farmer of 42 years of age, from the Cacao area on the outskirts of Teustepe, is married and a father of 2 children between the ages of 8 and 15 years old. At present both of his children are studying.

He works in agriculture, sowing maize, beans and tomatoes. He has been doing this for 15 years. He started doing this kind of work when he was very young, helping his mother with the sowing. Now he has cows and the land that he works he purchased with the money he earned from his crops. He hires labourers to carry out work.

He always takes his harvest to sell in Managua, where they pay better prices for grain. On this occasion Arcadio is requesting the loan to buy two cows. He will sell them at a better price. He will use the earnings from the sale to improve his income, which he can then use to continue investing in his crop for harvest.
View original language description ↓
Arcadio, un humilde campesino de 42 años de edad, originario de la Comarca llamada Cacao, en las afueras de Teustepe, casado, padre de 2 hijos entre las edades de 8 y 15 años, actualmente los 2 están estudiando, de oficio agricultor, se dedica a la siembra de maíz, frijoles y tomate desde hace 15 años. Inicio en el ámbito del comercio desde muy joven trabajando con su mama en la siembra. Hoy tiene sus vaquitas y sus tierras donde trabaja las que ha ido comprando con las ganancias de sus cosechas, para realizar sus trabajos siempre paga mozo la cosecha siempre la lleva a vender a Managua donde pagan mejor el grano. En esta ocasión Arcadio solicita este crédito para comprar dos vacas. Para venderlos a un mejor precio, ya que con las ganancias que le genere al momento que las venda tendrá mejores ingresos para seguir invirtiendo en su cosecha.

About Nicaragua

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,551,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped Arcadio to buy two cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 19, 2013