A loan of $900 helped to buy fertilizers and agricultural inputs.

Juan José's story

Señor Juan is a humble farmer living in the area of Ticuantepe. He is very happy for the support given by Kiva funds through the microfinance institution Afodenic, because his first loan enabled him to recoup much of his pineapple crop thanks to the timely use of fertilizers and agricultural inputs. His biggest challenge during this loan cycle was when the market price dropped below 50 centavos for one pineapple. This did not leave him a lot of money after having paid off his loan on schedule. Now Juan doesn't have enough capital to make the necessary investments, namely buying fertilizers and agricultural inputs to keep his farming business running.

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Translated from Spanish by Kiva volunteer Robert Mouris

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Loan details