Funded

Total loan: $1,000
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Oscar Arnulfo


A loan of $1,000 helped to purchase a team of oxen.


Oscar Arnulfo's story

32-year-old Oscar lives with his life partner and their three children. He has been working in agriculture and raising livestock for 10 years, and learned this trade from his father. As his family had limited financial resources, he did not have the opportunity to study and therefore started working at a very young age. To acquire the supplies he needs for his work, Oscar has to walk 10 minutes to the place where he waits for a van to pick him up, travels in the van for 45 minutes and then travels one hour by bus.

Oscar has requested this loan from the foundation in order to purchase a team of oxen. He has realized that almost none of the neighboring communities have oxen to carry out agricultural work (such as plowing soil for planting). He has seen an opportunity to earn good income, as he will charge for the work undertaken for the people in the neighboring communities.

With this loan, Oscar could generate a revenue that will allow him to send their three small children to school, as he does not want his children to have the same standard of living. Oscar wants his children to be prepared professionally. He also wants to buy some land to grow corn and beans. Through the sale of his produce he would increase his income, which he would invest in buying more cattle, and would also store some of the corn and beans to ensure there is enough food for his family.

Translated from Spanish by Kiva volunteer Fiona Craig



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: September 20, 2011

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: September 20, 2011