A loan of $1,000 helped para comprar fertilizantes, abonos y gastos de mano de obra.


Juan Carlos's story

Juan is an excellent MiCredito and Kiva client. He has been progressing little by little as he has received financing. He is very grateful for the trust and support that he has received as a farmer, as his loan was very much needed and well-timed. His previous loan helped with his production and harvest costs, specifically for purchasing fertilizers, insecticides, and labor costs for harvesting his tobacco field, which performed well and produced good profits. He has been saving his profits to reinvest in his field for the next planting cycle as well as purchase a truck that is in good condition to transport his harvest and not depend on a rental truck.

He plans to use this loan, in combination with his savings, to invest in input costs such as fertilizers, and labor costs to expand his fields with corn, beans, and tomato. This new loan will help diversify his production and secure the food for his family and community.

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Translated from Spanish by Kiva volunteer Christine Cooper


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Loan details