For this cycle he needs a loan so he can buy supplies that are necessary for proper maintenance of his coffee fields. He is confident that the loan will ensure a good harvest and consequently, better income for his family. His dream is to leave his children a promising future, and he is sure that coffee is an area with great potential to realize his dream.
Para este ciclo, él está requiriendo un crédito para la compra de insumos que demanda su plantación de café para un adecuado mantenimiento. Con esta inversión, está seguro obtendrá una buena cosecha y con ello mejores ingreso para su familia.
Su sueño es heredar a sus hijos un futuro prometedor, y está seguro que el café es un rubro que tiene gran potencial para alcanzar su sueño.
More information about this loan
This loan is part of PAC's effort to help farmers expand their existing crop yields and increase their incomes. Coffee production loans help farmers increase their crop yields by enabling them pay to clean, prune, fertilize, and conserve their fields, deliver water, and replant trees needed to shade coffee plants. 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 PACPAC (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.
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