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Bitman
He is a humble, hardworking and friendly man. He is a native of Puerto Cabezas. He is 71 years old, married, and has five children who are adults and independent. He has over five decades of experience in the skills and knowledge needed to cultivate the land and the primary part of the sector. He has 120 hectares of land that he inherited from his father. Of that land, 50 hectares are designated to producing vegetables and basic grains.

With the goal of increasing his earnings and expanding his production, he is seeking his first loan to farm two hectares of beans in partnership with his 30 year old son. His dream is to purchase cattle to fatten up and sell.
View original language description ↓
Es un hombre humilde, trabajador y cordial, originario de Puerto Cabezas, tiene 71 años de edad, casado, tiene 5 hijos, mayores de edad e independientes. Con una experiencia de más de 5 décadas en técnicas y conocimientos para cultivar la tierra y la parte del sector primario. Posee 120 hectáreas de tierra heredadas por su padre, de las cuales 50 hectáreas son destinadas a la producción de hortalizas y granos básicos. Con el propósito de obtener mayores ingresos y que su actividad productiva crezca solicita su primer financiamiento para cultivar 2 hectáreas de frijoles en colaboración con su hijo de 30 años. Su sueño es comprar ganado, para dedicarse al engorde y comercialización.

Additional Information

About Pana Pana

Pana Pana is a nonprofit civil association founded in 1990 in Nicaragua. The organization’s official name is Asociacion para el Desarrollo de la Costa Atlantica (Association for the Development of the Atlantic Coast) but they have always been know as Pana Pana which means “mutual help” in the local language.

Pana Pana offers loans for commerce, housing, and a small number of agriculture loans. They also have a small social development unit that runs Pana Pana’s non-financial services. This includes technical assistance for housing loans and the development of a water and sanitation project.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bitman to farm two hectares of beans.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 28, 2014
Listed
Apr 7, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014