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Update on Carlos

Carlos lives in a community in the department of Jinotega, in north Nicaragua. He and his wife have two children, who are three and four years old. For the last five years, he has been farming coffee as his main economic activity, which also generates jobs in his community during crop tending and harvest seasons. This entrepreneur has participated in the Fairtrade, UTZ and C.A.F.E. Practices certification processes, which are promoted by the Asociación Pueblos en Acción Comunitaria (PAC).

Carlos’ vision is to expand the area where he plants coffee, given the conditions of the area and the profitability of this line of work. Therefore, he is requesting a loan that will allow him to establish an additional 2.1 hectares of coffee in addition to the 7 he already has, which will increase his production over the next three to four years and allow him to improve his family’s living conditions. He is sure that with proper care and maintenance, his plantations will have good yields, and the Fair Trade minimum purchase price that he is guaranteed to receive will allow him to repay this investment.
View original language description ↓
Carlos vive en una comunidad del departamento de Jinotega, al norte de Nicaragua. Tiene 2 hijos de 3 y 4 años con su esposa. Desde hace 5 años, está dedicado al cultivo de café como principal actividad económica, a través de la cual también genera empleo en su comunidad en época de mantenimiento y cosecha. Este emprendedor está integrado a los procesos de certificación de Fairtrade, UTZ y C.A.F.E. Practices, promovidos por la Asociación Pueblos en Acción Comunitaria (PAC).

La visión de Carlos es incrementar su área de café, dadas las condiciones del área donde se ubica su finca y la rentabilidad de este rubro. Para ello, está solicitando un financiamiento que le permita establecer 2.1 hectáreas de café adicionales a las 7 hectáreas con que cuenta, lo cual le permitirá incrementar su producción al término de 3 a 4 años, e ir mejorando las condiciones de su familia. El está seguro que con el manejo adecuado que garantice a sus plantaciones para obtener buenos rendimientos y el precio mínimo que tiene garantizado al estar certificado por Comercio Justo podrá hacer frente a esta inversión.

Previous Loan Details

Carlos de la Cruz lives in a community in the Jinotega Department in northern Nicaragua. With his wife he has two children of three and four years old. For the past five years he has worked growing coffee as his main source of income, through which he also generates a job in his community. This e... More from Carlos's previous loan »

Additional Information

More information about this loan

This loan is part of PAC's program to help farmers swap out old unproductive coffee plants for new ones. New plants generally take three to five years to produce coffee at capacity, temporarily reducing crop yield. Given the length of this renewal process, loans are designed so that farmers can repay over five years with a one-year grace period. Farmers working with PAC also receive technical assistance and commercial services, as well as access to Fair Trade and organic certifications and international markets.

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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,900 helped Carlos to plant 2.1 hectares of coffee.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Apr 1, 2014
May 8, 2014
Currency Exchange Loss:
Feb 28, 2015