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Ismael
Ismael is a tenacious man. He is 31 years old, married, and has two adolescent children. However, they do not go to school because his community is 100 kilometers from the Puerto Cabezas municipality.

He has been working in agriculture for ten years. He rents an area that is 30 'manzanas' [ a manzana is 1.72 acres], and he grows corn and beans. He also fattens pigs and calves.

In order to buy and fatten pigs and calves, he is requesting his first loan. His dream is to increase the income from the farm, to diversify his production, and to have his own farm so that he does not have to continue renting land to cultivate.
View original language description ↓
Ismael: Es un hombre luchador. Tiene 31 años de edad, casado con 2 hijos, adolescentes, sin embargo no asisten al colegio, por la distancia de la comunidad al municipio de Puerto Cabezas, que se ubica a 100 kilómetros. Desde hace 10 años se dedica a la agricultura, arrienda un área de 30 manzanas en la que cultiva maíz, frijol. También engorda cerdo y terneros. Con el propósito de comprar y engordar cerdos y terneros, solicita su primer financiamiento. Su sueño es incrementar los ingresos de la finca, diversificar su producción y tener su propia finca, para no andar alquilando tierra para cultivar.

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
  • 154
    View loans »
    Nicaragua Loans Fundraising
  • $24,072,325
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $975 helped Ismael to buy and fatten pigs and calves.
50% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 31, 2014
Listed
Jul 9, 2014
Currency Exchange Loss:
Possible