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Oscar Eulises

Update on Oscar Eulises

Oscar has decided to take out a new loan so that he can invest in his workshop where he makes metal structures, and also use a part for his chicken farm. He will buy material to make metal grates, such as iron of different measures and electrodes. Also, for his farm, he will buy concentrate which will serve as feed for the hens on his farm.

With the previous loan, he states that he succeeded in carrying out all the work, and he was able to satisfy his customers' demands. He has expanded his workshop and his farm with laying hens.
View original language description ↓
Oscar, se decidió por un nuevo préstamo para poder invertir en el taller de estructuras metálicas, tambien una parte en la granja de gallinas, comprara material para hacer rejas como hierro de diferentes medidas, electrodos, tambien para la granja comprara concentrado que servirá de alimento para las gallinas en la granja.
Con el préstamo anterior manifiesta que logro realizar todo el trabajo, pudo satisfacer las demandas de los clientes, ha crecido en el taller y la granja de las gallinas ponedoras.

Previous Loan Details

Oscar has a metal shop he inherited from his father two years ago. He’s single and has no children. He lives in the family home. He’s asking for loans to buy sheet metal, iron, paint and sandpaper needed day to day for his work. The loan will help him by giving him the economic resources ... More from Oscar Eulises'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

  • $4,900
    Average annual income
  • 683
    View loans »
    El Salvador Loans Fundraising
  • $24,307,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Oscar Eulises to buy iron and electrodes, as well as concentrated feed for his chickens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014
This photo was used before for a previous loan for Oscar Eulises. It was first posted on Kiva on Jul, 2012. Learn More