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Oscar Antonio

Update on Oscar Antonio

Oscar is very satisfied with the support Kiva provides. Thanks to his previous loan he was able to improve his pineapple crops with high-quality production, make his payments on time and purchase 50 quarry stones to make improvement to his humble home. Now he plans to use this loan to purchase necessary supplies and fertilizers to maintain his crops, since he doesn't have the necessary resources to invest on his own.
View original language description ↓
El señor Oscar esta muy contento por el apoyo que le brinda Kiva , gracias al crédito anterior logro mejorar su cultivo de piña ya que la producción de fue de calidad , cancelo en tiempo y forma su préstamo y hasta compro 50 piedras canteras para ir mejorando su humilde vivienda , ahora sus planes futuros hacia su préstamo es poder inducir insumos y fertilizantes necesarios para darle un buen mantenimiento agrícola a su producción, pero no cuenta con los recursos necesarios para realizar la inversión .

Previous Loan Details

Oscar Antonio C. González, age 49, lives in the Denis Lirios neighborhood in the Ticuantepe municipality. He lives with his wife, who works as a merchant in order to help him with the household expenses. They have five children, who are all independent and married. His plan for the future is... More from Oscar Antonio's previous loan »

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more 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 Nicaragua

  • $4,800
    Average annual income
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,100
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Oscar Antonio to purchase fertilizers and supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 21, 2012
Listed
Feb 9, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014