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Fredy Odilio

Update on Fredy Odilio

Fredy decided to request a new loan because he got a good harvest from his crops the last time because of the supplies he was able to buy. He is replanting and will buy fertilizer and pay for field labor.

He increased his income the last time, having sold part of his crop, he has better stability in his life and his family circumstances have improved.
View original language description ↓
Fredy, se decidió por un nuevo préstamo porque en su cultivo anterior saco buena cosecha con los insumos que se compro, en esta vez está realizando una nueva siembra, se comprara abono, pago de mano de obra para que le ayuden al proceso.

Él incrementó las ganancias en el cultivo anterior, vendiendo parte de la cosecha, ha tenido mejor estabilidad en su vida, sus circunstancias familiares han mejorado con los ingresos.

Previous Loan Details

Fredy grows corn for a living and lives with his wife and 3 children who’s ages range from 10, 8 and 3. He has been growing corn for 10 years and has kept this business in his family. At the moment he is beginning to sew the crop for the season and needs fertilizer, herbicides, and seeds. He is... More from Fredy Odilio'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
  • 552
    View loans »
    El Salvador Loans Fundraising
  • $31,824,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Fredy Odilio to buy farming supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 10, 2012
Dec 4, 2012
Currency Exchange Loss:
May 19, 2013
This photo was used before for a previous loan for Fredy Odilio. It was first posted on Kiva on Jun, 2012. Learn More