Expired

Total loan: $1,550
Powered by 16 lenders

Miguel Angel

Nicaragua
Matagalpa, Nicaragua / Agriculture

A loan of $1,550 helped to apply the inputs and labour needed on his coffee plantation.


Miguel Angel's story

Miguel Angel is a young man from northern Nicaragua who has been involved in the cultivation of coffee since he was a small child. He is married and has two children, aged 10 and 12, who study at the local school. For more than five years he has had a 4.2 hectare farm, including 2.8 hectares of coffee. Over the last three harvests he has produced an average of 135 quintals (hundredweight) of parchment coffee.

For this young entrepreneur, coffee is his main activity, and he believes it is a profitable source of income if looked after properly. He is therefore seeking a loan which will allow him to apply the inputs and labour needed on his plantation in a timely and effective fashion. With the employment of these resources in his farming activities, Miguel Angel is sure that he will improve the quality and productivity of his land, in particular of his coffee plantation.

His plans for the future are to continue investing in establishing new areas of coffee, in order to realise his dream of producing 600 quintals of parchment coffee per cycle, and so improve his family's standard of living.

Translated from Spanish by Kiva volunteer Eloise Phipps



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: April 1, 2014
Expired: May 21, 2014

Lenders and lending teams




Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: April 1, 2014
Expired: May 21, 2014