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Pedro Ismael

Update on Pedro Ismael

Pedro is committed to his work, he has always cultivated the land that he inherited from his parents. At the present time he has crops of avocado, guava, and pineapple which need care.

With this loan he will buy five quintals of Urea, five quintals of Completo, two liters of herbicide, 10 liters of Byfolar [foliar fertilizer], four liters of cypermethrin, two liters of Tigre [insecticide] (for the guava). With this maintenance work that he will carry out, Pedro will avoid the weeds in the crops and the arrival of pests that destroy the fruit.

Pedro is very grateful to Kiva and AFODENIC for the support they have given him with these loans.
View original language description ↓
El señor Pedro siempre dedicado a su trabajo, desde siempre a trabajado la tierra herencia que sus padres le han dejado, en la actualidad tiene cosecha de Aguacate, Guayaba y Piña las cuales requieren de mantenimiento, con este crédito el comprara: 5 qq de Urea, 5 qq de Completo, 2 lts de Herbicida, 10 lts de refrescante Byfolar, 4 lts de Cipermetrina, 2 lts de Tigre ( para Guayaba). con este mantenimiento que realizara el señor Pedro evitara la maleza en el cultivo y la llegada de Plagas que destruyen el fruto. Muy agradecido don Pedro con Kiva y Afodenic por el apoyo que le han brindado con estos financiamientos.

Previous Loan Details

Pedro is a humble and hardworking man. He has spent his whole life working the land growing pineapples. Currently he is cultivating a plot of land and needs supplies to give it optimal care. He will use this loan to buy urea, and fertilizers such as Triple, Completo, etc. He is thankful for… More from Pedro Ismael's previous loan »

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Pedro Ismael to buy fertilizers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2014
Listed
Aug 5, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014