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Update on Carlos

Carlos is a coffee grower who lives in Jinotega department. He lives with his wife and their three children on his 4.2-acre farm, of which 2.1 acres are reserved for coffee. Coffee-growing is the main economic activity of this small producer, who is part of the Fair Trade certification process.

Throughout the last three loan cycles, he has been increasing his production by implementing a management plan for his farm. However, in order to improve his coffee quality, he is asking for a loan to build a wet method processing plant that will allow him to guarantee the right processing for his product. This investment, together with the other loan that he is managing to maintain his coffee plantation, will allow him to obtain a better harvest and higher quality for his coffee over the coming loan cycles. This will contribute to the sustainability of his farm and to his family's well-being.
View original language description ↓
Carlos, es un caficultor del departamento de Jinotega. Vive con su esposa y sus tres hijos en su finca de 4.2 hectáreas de las cuales 2.1 son de café. Esta última, es la principal actividad económica de este pequeño productor que está integrado al proceso de certificación de Comercio Justo.

En los últimos tres ciclos, él ha venido incrementando su producción mediante la implementación de un plan de manejo integrado en su finca. No obstante, para mejorar la calidad de su café, está solicitando un financiamiento para la construcción de un beneficio húmedo que le permita garantizar un procesamiento adecuado a su producto. Esta inversión junto a la otra solicitud que está gestionando para el mantenimiento de su cafetal, le permitirá obtener mayor rendimiento y calidad de su café en los próximos ciclos, contribuyendo así a la sostenibilidad de su finca y el bienestar de su familia.

Previous Loan Details

Carlos is a coffee grower in the department of Jinotega. He has a 4.2 hectare lot which he farms with his family; 2.1 hectares are dedicated to coffee. He’s been farming for more than ten years, and it is his main source of income to finance the needs of his wife and three children. During the... More from Carlos's previous loan »

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.

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.


About Nicaragua

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 26.2
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,475 helped Carlos to build a wet method coffee processing plant.
18% repaid
Repayment Term
50 months (Additional Information)
Repayment Schedule
Apr 1, 2014
Apr 23, 2014
Currency Exchange Loss: