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David Omar

Update on David Omar

David needs to buy more merchandise which is why he is asking for a loan to invest in CDs, DVDs and rubber shoes. These purchases are very necessary as he wants to buy the lastest dance music and movies that are new to offer his customers. He also stocks rubber shoes and wants to increase his availability of styles and colours. He believes that these loans will help him improve his business and prosper with his family.
View original language description ↓
David, necesita comprarse más mercadería, por eso está solicitando un préstamo para la inversión de CD, DVD, zapatos de hule, esta compra es muy necesaria pues quiere comprar lo último en música bailable y películas que sean nuevas, para ofrecer a la clientela, también surtir en zapatos de hule para aumentar la disponibilidad en estilos y colores.
Él considera que estos préstamos le ayudaran para mejorar el negocio y prosperar junto a su familia.

Previous Loan Details

David lives in San Francisco Gotera, in Morazán department. He sells video games, CDs and DVDs and repairs games consoles. David lives with his wife and three children. He works in his business in the town market of San Francisco Gotera. This is the main source of income for his household. ... More from David Omar's previous loan »

Additional Information

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 El Salvador

  • $7,500
    Average annual income
  • 706
    View loans »
    El Salvador Loans Fundraising
  • $28,234,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped David Omar to buy CDs, DVDs, rubber shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 5, 2011
Dec 5, 2011
Currency Exchange Loss:
Nov 16, 2012
This photo was used before for a previous loan for David Omar. It was first posted on Kiva on Dec, 2010. Learn More