A loan of $525 helped to purchase inputs and pay for labor for his farm.

Teodoro's story

Teodoro lives in the region of Cerro La Corona, on the outskirts of Boaco. He is a farmer and cultivates corn, beans, and wheat. He learned this trade from his father beginning when he was 12 years old. When he was 20 years old, Teodoro got married and began to work his own farms. He covered the costs using money he earned by working as a day laborer.

Teodoro has purchased his cows and land with the money earned from the harvest. His children and other workers help out on the farm and Teodoro pays them both economically and in the form of education, since one of his sons teaches at a school in the community. When the harvest is ready, Teodoro takes the products to Managua and sells them for what he assures is a very good price.

Teodoro is requesting this loan in order to purchase inputs and pay for labor for the next cycle of harvest on his farm, which will begin soon. This loan will be a big help to him because it will allow him to continue working in the farm and finish paying off the costs of production. When he finishes repaying this loan, he would like to buy some young cows.

Translated from Spanish by Kiva volunteer Charlotte Helvestine

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Loan details