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Update on Ysmael

Ysmael lives in his parents' house in the area of Dorado. He is single and works making bread with his parents. Right now, he has his own capital and is independent. He was given the loan to buy flour, lard, and sugar by the sack to make the bread, since he has a lot of customers. Ysmael places his bread in neighborhood stores and in other places. Over time, he is becoming known and able to distribute his products. He is very grateful for the opportunity and trust given to him with the loan since it helps him grow in his business and increase his working capital and thus improve his quality of life.
View original language description ↓
El Sr. Ysmael vive en casa de sus padres en la zona el Dorado, es soltero y hace un año que se dedica a la elaboración de pan con la colaboración de sus padres, actualmente tiene su propio capital donde ya es independiente, el crédito que se le otorgo es para la compra de harina, manteca, azúcar por quintal para al elaboración de pan ya que tiene mucha clientela. El sr. Ysmael coloca sus panes en las tiendas por su barrio y otros lugares que con el tiempo se esta haciendo conocer y así de esta manera entregar sus productos. El sr. quedo muy agradecido por oportunidad y confianza que se le brindo al otorgarle dicho crédito ya que le ayudan a crecer en su negocio e incrementar su capital de trabajo y de esta manera mejorar su calidad de vida.

Previous Loan Details

Sr. Ysmael lives at the home of his parents in the District of El Dorado. He is single and has been making bread for the past year alongside his parents. Ysmael currently possesses his own capital, so he is independent. The loan being provided to him will be used to buy flour, butter, and suga... More from Ysmael's previous loan »

Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

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 Bolivia

  • $5,500
    Average annual income
  • 224
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Ysmael to purchase flour, butter, and sugar.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jan 20, 2012
Feb 21, 2012
Currency Exchange Loss:
Jan 15, 2013
This photo was used before for a previous loan for Ysmael. It was first posted on Kiva on Jul, 2011. Learn More