Update on Nelson JoséNelson is a 30-year-old coffee producer who lives with his wife and their small four-year-old daughter in a community in northern Nicaragua. On his small farm he grows basic staples for his family's consumption, and has 8.6 hectares of coffee, from which he obtained an output of 230 quintales of parchment coffee in the last growing cycle (a quintal is about 100 lb.).
For this young man, the climate change of recent years has gradually generated a greater incidence of pests and plant diseases in the coffee, which he has dealt with through good agricultural management and the renewal of plants.
Nevertheless, to improve the quality of his coffee, this man is requesting a loan to build a coffee wet mill, which will allow him to handle his production properly. He is certain that with proper management in the stage of production and processing of coffee, he will achieve better yields and prices, which will allow him to deal with these investments as well as the needs of his small family.
Para este joven, los cambios climáticos en los últimos años han venido generando mayor afectación de plagas y enfermedades en el café, lo cual ha enfrentado con un buen manejo agronómico y la renovación de plantas. No obstante, para mejorar la calidad de su café este joven está solicitando un financiamiento para la construcción de un beneficio húmedo que le permita darle el manejo adecuado a su producción.
El está seguro que con un manejo en la etapa de producción y procesamiento del café, logrará mejores rendimientos y precio que le permitirá hacer frente a estas inversiones, así como a las necesidades de su pequeña familia.
Previous Loan DetailsNelson is 31 years old and lives in a rural community in Nicaragua with his companion and their two children (ages 3 and 5). His farm consists of 10 plots on which he grows corn, beans, and coffee. Six of those plots are used for growing coffee. During the past two crop cycles, he has harvested… More from Nelson José's previous loan »
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 PACPAC (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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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