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Additional Information

More information about this loan

This loan is designed to help smallholder farmers or local communities generate short-term crop revenue while waiting for their tree plantations to reach maturity.  If the loan is for a smallholder farmer, it is an individual loan. If the loan is to a community, it benefits a geographic area of 250 to 1,000 people. This loan will be repaid using revenue from the sale of plantains. Profits will be shared equally between planting empowerment and borrower or borrower community.

Because Planting Empowerment is a relatively young organization that completed its first plantain harvest in August 2013, this loan may carry a higher level of risk than typical Kiva loans. Expected repayments to Kiva lenders are based on projected harvest revenues.

Important Information

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

About Panama

  • $20,300
    Average annual income
  • 4
    View loans »
    Panama Loans Fundraising
  • $221,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back - Delinquent
A loan of $10,000 helped this borrower to pay for agriculture supplies and technical assistance for a plantain project.
15% repaid
Repayment Term
41 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Sep 11, 2013
Listed
Jul 30, 2013
Currency Exchange Loss:
N/A