Check out other loans that are currently fundraising!
Oswaldo German

Update on Oswaldo German

Oswaldo Germán, 40, is currently in a common-law marriage. He lives with his partner and the children in Ventanas Canton, Los Ríos Province. La Verdad Nos Hará Libres Communal Bank is located in Caimito Precinct in Ventanas Canton. This bank works in short-cycle agricultural labor growing corn, rice, beans, and soy.

Oswaldo Germán makes a living growing corn, rice, beans, and soy. He buys and sells his products in Ventanas.

He requested the loan to buy seeds, manure, urea, and liquid fertilizer for planting corn. The loan has helped him buy the fertilizer he needs for the planting and increase his income for the family's use.

His dream is to be able to buy plots of land to increase his plantings and his profits. In his free time he likes to play soccer and share a good time with his family.
View original language description ↓
Oswaldo German tiene 40 años de estado civil actual union libre, vive con la pareja y con los hijos. Vive en el Cantón Ventanas provincia los Ríos.

La ventanilla LA VERDAD NOS HARA LIBRES se encuentra ubicada en el Recinto Caimito , perteneciente al cantón Ventanas, esta ventanilla se dedica a labores agrícolas de ciclo corto siembre de maíz, arroz fréjol y soya.

Oswaldo German se dedica a la agricultura a la siembra de maíz, arroz. Compra y vende los productos en Ventanas.

El crédito solicito para la compra de semillas, abono, urea, líquidos fertilizantes para la siembra del maíz. El préstamo le ayudado para comprar los fertilizantes que necesita para la siembra y aumentar los ingresos para el consumo de la familia. El sueño es poder comprarterrenos para aumentar las siembras y las ganancias.

En el tiempo libre le gusta jugar fútbol y compartir momentos agradables junto a la familia.

Previous Loan Details

Oswaldo German is 39 years old and single. He lives with his father and two children of 12 and 16 years of age. He live in the canton of Ventanas in the province of Los Ríos. The communal bank La Verdad Nos Hara Libres is located in the Caimito precinct, which is in the canton of Ventanas. Th... More from Oswaldo German's previous loan »

Additional Information

About Cooperativa San Jose

This loan is administered by Cooperativa San Jose, a 45,000-member credit union located high in the Andes Mountains of Ecuador’s poorest province, Bolivar. They offer a unique loan called “Ventanillas Rurales” [Window to the Countryside], which uses a group guarantee but is an individual loan with a savings component, mostly to rural borrowers. Due to low savings rates and a history of macroeconomic instability, many traditional loans in Ecuador demand interest rates that are prohibitively high for some borrowers. There is also a high incidence of extortionist black-market lending in Ecuador. CSJ helps mitigate these problems by providing a less onerous and more appropriate option. Join CSJ’s Lending Team!

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 Ecuador

  • $10,600
    Average annual income
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $26,686,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Oswaldo German to buy manure, urea, and liquid fertilizers to plant corn.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Dec 6, 2012
Jan 1, 2013
Currency Exchange Loss:
Aug 17, 2013