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Oscar Cayetano

Update on Oscar Cayetano

Oscar is requesting a new loan to invest more in his business in agriculture. This will allow him to buy agricultural supplies such as soil amendments, herbicide, insecticide, pesticide, and everything he needs to prepare the land. He'll also buy seed.

The previous loan helped him improve his income and get a good harvest. His economic situation has improved and his family circumstances are the same.
View original language description ↓
Oscar, solicita un nuevo préstamo por la necesidad de invertir más en el negocio de la agricultura; este le permitirá comprar materiales agricolas tales como: abono, herbicidas, insecticidas, plaguicidas y todo lo necesario para la preparación de la tierra, asimismo adquirir semilla.
El crédito anterior le ayudo a mejorar los ingresos y poder sacar una buena cosecha; las condiciones económicas han mejorado y las circunstancias familiares se mantiene igual.

Previous Loan Details

Oscar is 57 years old. He lives with his wife; they have one son who is 22 years old. Oscar has a crop of yucca and corn. Since he was very young he has planted crops. He learned from his parents. He has requested a loan to buy fertilizer for his yucca crop. This loan will give him the opport... More from Oscar Cayetano'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
  • 428
    View loans »
    El Salvador Loans Fundraising
  • $22,826,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Oscar Cayetano to buy soil amendments, herbicide, insecticide, pesticide, and seed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 13, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Oscar Cayetano. It was first posted on Kiva on Nov, 2012. Learn More