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Carlos
Carlos de la Cruz lives in a community in the Jinotega Department in northern Nicaragua. With his wife he has two children of three and four years old. For the past five years he has worked growing coffee as his main source of income, through which he also generates a job in his community. This enterprising farmer has begun the certification processes for Fairtrade, UTZ Certified, and C.A.F.E. Practices statuses, as promoted by the Association for People in Community Action (PAC).

Carlos is currently seeking a loan to help him maintain and care for his seven hectares of coffee. In particular, it will guarantee that he is able to apply fertilisers and other inputs that his crops need, and so ensure yields of over 300 quintals (hundredweight) of parchment coffee at the next harvest. The income this will generate will allow this small farmer to meet the needs of his family and to continue to invest in improving his coffee plantation. He is sure that with his effort and hard work he will be able to keep increasing his coffee-growing area. This drives him to work hard on the administrative side of things too, with the aim of making his family's security certain.
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Carlos vive en una comunidad del departamento de Jinotega, al norte de Nicaragua. Tiene 2 hijos de 3 y 4 años con su esposa. Desde hace 5 años, está dedicado al cultivo de café como principal actividad económica, a través de la cual también genera 1 empleo en su comunidad. Este emprendedor está integrado a los procesos de certificación de Fairtrade, UTZ y C.A.F.E. Practices, promovidos por la Asociación Pueblos en Acción Comunitaria (PAC).

Actualmente, Carlos está solicitando un crédito para el mantenimiento de sus 7 hectáreas de café, específicamente para garantizar la aplicación de insumos y fertilizantes requeridos por su plantación, y asegurar de esta forma rendimientos mayores a 300 quintales de café pergamino en la próxima cosecha. Los ingresos generados por este rubro, son los que le permiten a este pequeño productor cubrir las necesidades de su familia y continuar invirtiendo para mejorar las condiciones de su finca. El está seguro que con su esfuerzo y trabajo podrá seguir incrementando su área de café para lo cual también realiza gestiones, a fin de garantizar la sostenibilidad de su familia.

Additional Information

More information about this loan

This loan is part of PAC's effort to help farmers expand their existing crop yields and increase their incomes. Coffee production loans help farmers increase their crop yields by enabling them pay to clean, prune, fertilize, and conserve their fields, deliver water, and replant trees needed to shade coffee plants. Farmers working with PAC also receive technical assistance and commercial services, as well as access to Fair Trade and organic certifications and international markets.

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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $3,700 helped Carlos to care for his seven hectares of coffee.
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 2, 2014
Listed
May 6, 2014
Currency Exchange Loss:
Possible
Expired:
Jun 5, 2014