Funded

Total loan: $625
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Juan Antonio

Nicaragua
Esteli, Nicaragua / Agriculture

A loan of $625 helped grow a block's worth of potatoes, buy supplies and pay for labor.


Juan Antonio's story

Mr. Juan is 47 years old, a farmer and lives in the los Brasiles neighborhood in Estelí. He is a father to 4 children and only completed a sixth grade education. He began growing potatoes at 30 years of age with help from his brother-in-law and father-in-law. Before he used to grow tomatoes but he later saw that it was more profitable to grow potatoes, he also sowed cabbage with the profits he made and was able to build his home little by little buy buying work tools. Mr. Juan is also able to give his children an education since he wants to see them become professionals so that they do not remain ignorant without knowing anything as it happened to him because of a lack of economic resources. Mr. Juan travels to Managua, the capital, to sell his potato crops but he would also like to sell his products to markets in the departments of Jinotega, León and Chinandega.

Mr. Juan needs the loan to finish sowing a block's worth of potatoes, buy supplies and pay for labor. He will be able to sow completely his potato crops, to have better profits and produce quality products.

Mr. Juan wishes to keep growing potatoes and from the profits that he gets he would like to grow beans and corn, and make improvements to the infrastructure of his home to give his family a worthy home.

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Loan details

Loan length:

6 months
Repayment schedule: At end of term
Disbursed date: May 18, 2011

Lenders and lending teams



Loan details

Loan length:

6 months
Repayment schedule: At end of term
Disbursed date: May 18, 2011