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Francisco
Francisco’s from the Escobillo District in Teustepe. He’s married and has six children who are all married now.

He works growing corn and beans and he relates that even though his father back then had money, he wasn’t able to learn to read because his father was an alcoholic and when his father died they were left bankrupt. His older brother taught him to work the land and to grow corn and beans.

He got married at the age of 25 and his mother passed down land and cattle to him that he still has today. He does his farming chores with help from laborers he hires and pays a daily wage to. When his harvests are in he takes them to be sold in the market in Managua because he’s paid well for the grains there. Francisco also sells the cheese made from milk his cattle produces.

Today, Francisco is requesting a loan to buy fertilizer and manure and to pay labor costs for his corn and bean crops. Francisco says that the loan will help him do all the work required to plant corn and beans. He says that once he repays the loan with income from the harvest he will use any left over money to make improvements to the farm.
View original language description ↓
Francisco es de la comarca Escobillo Teustepe casado, tiene 6 hijos los cuales ya están casados. Él se dedica a cultivar maíz y frijol y cuenta que aunque el papa en aquel tiempo que él era joven tenía dinero el no pudo aprender a leer ya que el papa solo vivía tomando licor y al morir el papa quedo en la ruina, su hermano mayor le enseño a trabajar la tierra sembrando maíz y frijol , a la edad de 25 años se casó y la mama le heredo partes de las tierras y ganado que hasta hoy conserva , sus labores de siembra las con ayuda de mozos a los que les paga por día trabajado y cuando saca la cosecha la lleva a vender al mercado de Managua ya que alla le pagan muy bien el grano además don francisco vende sus cuajaditas de la leche que le proporcionan sus vacas. Hoy don francisco está solicitando este crédito para comprar fertilizantes, el abono y pago de mano de obra para hacer la huerta de maíz y frijol .Don francisco dice que el crédito le ayudara a realizar todos los trabajos de la siembra de maíz y frijol , él dice que una vez que cancele el crédito con los ingresos de la cosecha el dinero que le sobre piensa invertirlo en mejoras de la finca.

About Nicaragua

  • $3,636
    Average annual income
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $425 helped Francisco to buy farm supplies and pay labor costs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 24, 2013
Listed
May 22, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 22, 2013