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Update on Joaquin

Joaquín, is a producer that lives in a community in the north of Nicaragua. At 40 years old, and with the help of his life partner and 8 children, he has made a living producing basic grains and coffee.

This small producer is in the process of getting fair trade certification. With 3.85 hectares of coffee he was able to produce 136 quintals of parchment coffee in the last growing cycle. Up until now he has been renting a wet method processing space to process his coffee. However, this year he is planning to make this investment so long as he gets the loan. The construction of a processing space will allow him to produce better yield and quality, which will contribute to an increase in his income.

For Joaquín, good time and money management as well as adequate planning have been key to the growth of his small farm.
View original language description ↓
Joaquín, es un productor que vive en una comunidad al norte de Nicaragua. A sus 40 años y con el apoyo de su compañera de vida y 8 hijos, ha estado dedicado a la producción de granos básicos y café.

Este pequeño productor está integrado al proceso de certificación de Comercio Justo, y con 3.85 hectáreas de café, logró producir en el último ciclo 136 quintales pergamino. Hasta ahora, él ha estado alquilando un beneficio húmedo para el manejo de su café. Sin embargo, este año se ha propuesto realizar esta inversión si logra conseguir este financiamiento. La construcción de este beneficio le permitirá obtener mejores rendimientos y calidad lo cual contribuirá a incrementar sus ingresos.

Para Joaquín la buena administración del tiempo y el dinero, así como la adecuada planificación ha sido clave para el crecimiento de su pequeño finca.

Previous Loan Details

Joaquín is a farmer who lives in a community in northern Nicaragua. At 40 years old and with the support of his life partner and eight children, he has been able to generate the income necessary to succeed as a farmer through coffee growing. This small farmer is part of the Fair Trade cert... More from Joaquin's previous loan »

Additional Information

More information about this loan

The loans are for medium sized farm owners who need to invest in farm assets, such as water filtration systems and bean drying equipment. Due to the larger nature of the loans, loan terms are longer than average Kiva loans, and can be up to seven years. Farmers working with PAC also receive technical assistance and commercialization services, as well as access to Fair Trade and organic certifications, and international market access.  

About PAC

PAC (Association for People in Community Action) is a community development organization in Nicaragua that offers clients loans, technical assistance and access to markets. Founded in 1996, it’s a joint initiative between World Relief Nicaragua and local farmers. PAC believes that increased agricultural production and improved technology can bring economic development to high poverty zones.

Some loans from PAC are disbursed in partial payments over a period of four to six months depending on the needs of the borrower. The borrower will not be charged interest on any funds that have not yet been disbursed. If the borrower decides not to use the entire loan amount, the unused portion will be returned to lenders in the form of a pre-payment.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Nicaragua

  • $4,800
    Average annual income
  • 40
    View loans »
    Nicaragua Loans Fundraising
  • $26,377,250
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $5,475 helped Joaquin to build a wet method processing space.
21% repaid
Repayment Term
74 months (Additional Information)
Repayment Schedule
Apr 1, 2014
Apr 25, 2014
Currency Exchange Loss: