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Oscar Antonio

Update on Oscar Antonio

Oscar lives in the town of San Caralampio with his wife and children. They work the land and grow pitaya [dragon fruit]. At this time, he needs capital to do some maintenance on his crop since due to the weather and pests the pitayas are somewhat small and he is afraid he won't be able to sell them. With this new loan, he will buy necessary materials, such as urea and others. Oscar is very satisfied with this new opportunity that Afodenic is offering through the Kiva Fund. They are offering him this loan because with this help he will be able to get his pitaya ahead and his income will improve. Oscar tells us he is happy with the trust given to small farmers such as he is.
View original language description ↓
El señor Oscar habita en el municipio de San Caralampio, junto a su esposa e Hijos han trabajado la Tierra y se han dedicado al cultivo de Pitahaya en estos momento requiere de Capital para darle mantenimiento a su cultivo ya que por el clima y las plagas las pitahaya estan algo pequeñas y el teme que no pueda venderlas, Con este nuevo financiamiento comprara los insumos necesarios como: Urea, Completo entre otros. Don Oscar se siento muy satisfecho por esta nueva oportunidad que Afodenic mediantes Fondos Kiva le estan brindando con este financiamiento ya que con esta ayuda podra sacar adelante sus pitahaya y sus ingresos mejoraran, feliz nos manifiesta don Oscar la confianza brindada a pequeños agricultores con el.

Previous Loan Details

Mr. Oscar Antonio lives in Managua’s San Caralampio neighborhood with his life partner and three adolescent children who are in secondary school. They have been farmers for over 20 years thanks to help from the Agrarian Reform in the90s that made it possible for them to acquire land. Since th... 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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,589,825
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Oscar Antonio to buy materials to so maintenance on his pitaya [dragon fruit] crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 26, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2013