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Oscar Danilo

Update on Oscar Danilo

Sr. Oscar lives with his family in the town of Ticuantepe. He is a humble and hardworking gentleman. Oscar wants the best for his children, so he strives each day to continue improving their living conditions.


He grows pineapples and is currently in need of capital so that he can keep his crops in optimum condition. Thanks to this new loan he will receive, Oscar can buy supplies and needed fertilizers that will allow his crops to withstand pests and bad weather. He is grateful for the trust that AFODENIC and Kiva have demonstrated.

View original language description ↓
El señor Oscar, habita en el municipio de Ticuantepe junto a su familia, hombre humilde y trabajador, el quiere lo mejor para sus hijos por eso lucha dia a dia para segir mejorando sus condicones de vida, el cultiva piña, y actualmete querie de capital para darle un optimo mantenimiento a sus siembros, gracias al este nuevo financiamineto que se le ha otorgado podra comprar los insumos y fertilizantes necesarios para que la plaga y el mal clima no le afecte a sus cultivos, Agradece la confianza brindada por Afodenic y Fondos Kiva.

Previous Loan Details

Oscar and his family live in Ticuantepe. His plans for the future are to improve his family's living conditions and to support his children's studies so that they can have a professional career. Oscar is very pleased with the results he has obtained thanks to Kiva, which allowed him to invest m... More from Oscar Danilo'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

  • $3,636
    Average annual income
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,498,425
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Oscar Danilo to buy fertilizers and farming supplies for maintaining his pineapple crop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014