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Oscar Ovidio

Update on Oscar Ovidio

Oscar has requested another loan because he needs more capital to keep investing in his crops. The loan will let him buy manure, weed killer, pesticide, and more. The previous loan helped him buy needed agricultural supplies for his corn and bean crops. His financial situation and family circumstances have improved.
View original language description ↓
Oscar, se le presenta la necesidad de un nuevo préstamo porque necesita más capital de trabajo para seguir invirtiendo en el cultivo; este le permitirá comprar abono, herbicidas, pesticidas, plaguicidas, insecticidas, entre otros.
El crédito anterior le ayudo a adquirir los insumos agrícolas necesarios para el cultivo de maíz y frijol; las condiciones económicas y circunstancias familiares han mejorado.

Previous Loan Details

Oscar, who works cultivating corn and beans and raising cattle, lives with his wife and their three children, who are 8, 10, and 12 years old. He has done this agricultural activity for fifteen years. He works every day from 6:00am until 3:00pm. He is asking for this loan to purchase fertili... More from Oscar Ovidio'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

  • $7,500
    Average annual income
  • 845
    View loans »
    El Salvador Loans Fundraising
  • $25,704,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Oscar Ovidio to buy manure, weed killer, pesticide, and more.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 15, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014