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Eduardo
Eduardo is a coffee farmer from northern Nicaragua. His plantation is twenty-eight hectares, twelve of which are for growing coffee. In recent years, he has managed a harvest of approximately 50,000 pounds of parchment coffee, which he produces in accordance with several certification processes: Fair Trade, UTZ, and Coffee and Farmer Equity (C.A.F.E.) Practices. On average, this small farmer generates four jobs in the community throughout the year; during the harvest season, he generates around twenty jobs. As part of the improvements that this farmer has been implementing in his plantation in terms of working conditions and occupational safety, Eduardo is currently applying for a loan to build a camp for his workers. This will allow his workers to have the necessary conditions to live at the plantation during the harvest season. This will contribute to a better output on the part of his workers and, therefore, a greater productivity. In addition, it is aligned with the self-regulated corporate social responsibility that the Association for People in Community Action (PAC) promote among its members. Similarly to this investment application, Eduardo also has applied for a loan to maintain his coffee production in its current phase.
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Eduardo es un productor de la zona norte de Nicaragua. Su finca es de 28 hectáreas de las cuales 12 son de café. En los últimos años ha logrado una cosecha de aproximadamente 500 quintales de café pergamino, los cuales produce bajo procesos de certificación: Fairtrade, UTZ y C.A.F.E. Practices. En promedio este pequeño productor genera 4 empleos en la comunidad durante el año, y en época de cosecha genera alrededor de 20 empleos. Como parte de las mejoras que este productor viene implementando en su finca en materia de condiciones laborales y seguridad laboral, actualmente está solicitando un crédito para la construcción de un campamento que permita a sus trabajadores contar con las condiciones necesarias para habitar en su finca durante el período de corte de café. Esta acción contribuirá a un mejor rendimiento por parte de los trabajadores y por ende una mayor productividad, además está alineada a la responsabilidad social empresarial autogestionaria que la asociación Pueblos en Acción Comunitaria (PAC) promueve entre sus afiliados. Paralelo a esta solicitud de inversión, este pequeño productor también ha solicitado un financiamiento para el mantenimiento de su producción de café en el ciclo de café actual.

Additional Information

More information about this loan

The loans are for medium sized farm owners who need to invest in farm assets, such as water filtration systems and bean drying equipment. Due to the larger nature of the loans, loan terms are longer than average Kiva loans, and can be up to seven years. Farmers working with PAC also receive technical assistance and commercialization services, as well as access to Fair Trade and organic certifications, and international market access.  

About PAC

PAC (Association for People in Community Action) is a community development organization in Nicaragua that offers clients loans, technical assistance and access to markets. Founded in 1996, it’s a joint initiative between World Relief Nicaragua and local farmers. PAC believes that increased agricultural production and improved technology can bring economic development to high poverty zones.

Some loans from PAC are disbursed in partial payments over a period of four to six months depending on the needs of the borrower. The borrower will not be charged interest on any funds that have not yet been disbursed. If the borrower decides not to use the entire loan amount, the unused portion will be returned to lenders in the form of a pre-payment.

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About Nicaragua

  • $3,636
    Average annual income
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $5,950 helped Eduardo to build a camp for his workers.
26% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 11, 2014
Listed
Mar 10, 2014
Currency Exchange Loss:
Possible