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Favio Luis
Favio Luis is from the La Laguna district, he is married and has two daughters aged 15 and 7-years-old: One daughter is already in her 3rd year of secondary school in a nearby town

Favio Luis has been making his living growing corn and beans a cultivar since 15, growing up with his grandfather who had cattle. He helped look after the cattle and his grandfather paid him and he saved this money to then invest it in his own corn and bean crops. He sells everything he harvests in Managua, the capital of Nicaragua, where he obtains better profits. He needs this loan to buy a cow. As part of his plans, Favio Luis is getting ready to prepare the land for the next corn and rice sowing season.
View original language description ↓
Favio Luis es de la comarca La Laguna casado tiene dos hijas de 15 y 7 años de edad una hija ya estudia su 3er año de secundaria en un pueblo cercano a la comarca. Él se dedica a cultivar maíz y frijol desde los 15 años de edad , el se crio con su abuelo quien tenía ganado le ayudaba a cuidar el ganado y su abuelo le pagaba y con ese dinero fue ahorrando para posteriormente invertirlo en sus propias siembras de maíz y frijol. Toda lo que cosecha lo vende en Managua la capital donde consigue mejor precio. Él está necesitando el crédito para comprar una vaquita. Dentro de sus planes esta comenzar a preparar la tierra para el ciclo de siembra de frijol y maíz.

About Nicaragua

  • $4,800
    Average annual income
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,779,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $425 helped Favio Luis to buy a cow.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Feb 25, 2013
Listed
Feb 10, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013