Originally from the Los Santos province of Panama, he was one of the first farmers to migrate out to the Darien province over thirty years ago when the area opened up to settlement. He is still married to his wife.
Like most campesinos, David grows corn, beans, rice and plantains, and now wants to expand plantain production. He will use the loan proceeds to buy the inputs needed for the project—seed stock, fertilizer, and fencing—and cover some of the planting and maintenance costs of the project.
With the proceeds from the project, David will invest in improving his home for his family.
More information about this loan
This loan is designed to help smallholder farmers or local communities generate short-term crop revenue while waiting for their tree plantations to reach maturity. If the loan is for a smallholder farmer, it is an individual loan. If the loan is to a community, it benefits a geographic area of 250 to 1,000 people. This loan will be repaid using revenue from the sale of plantains. Profits will be shared equally between planting empowerment and borrower or borrower community.
Because Planting Empowerment is a relatively young organization that completed its first plantain harvest in August 2013, this loan may carry a higher level of risk than typical Kiva loans. Expected repayments to Kiva lenders are based on projected harvest revenues.
Important InformationThis Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
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This loan has been fully funded!